The Microeconomics of Invention and Innovation

David B. Audretsch
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David B. Audretsch: Indiana University

Chapter 9 in Contemporary Economic Issues, 1999, pp 185-206 from Palgrave Macmillan

Abstract: Abstract When Soviet Premier Nikita Khrushchev banged his shoe on the negotiating table of the United Nations, challenging President John F. Kennedy, ‘We will bury you’, the West was alarmed. At the heart of Khrushchev’s challenge was not necessarily a military threat, but rather an economic one. After all, the Soviets had beaten the Americans in the space race with the launching of the Sputnik just a few years earlier; and perhaps even more disconcerting was the growth in Soviet productivity, which appeared to greatly exceed that in the West during the 1950s.

Keywords: Firm Size; Small Firm; Large Firm; Innovative Activity; Scale Economy (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1007/978-1-349-14540-9_9

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