Invention and Economic Growth¶
Schmookler. (1966). Invention and Economic Growth. Harvard University Press.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Market Pull
- The term is the demand-side half of a doctrinal dichotomy whose complementary half is technology push, in which a new capability searches for problems it can address; the dichotomy, developed in the innovation-studies literature from Schmookler (1966) forward
This sourceSchmookler's demand-induced-invention thesis, that expected demand governs the amount of invention. Schmookler's study of U.S. patent records across industries including petroleum refining, paper making, railroading and even horseshoes. Schmookler's comparison of patenting with capital investment across industries and periods, including the timing of their major peaks. Schmookler's argument that expected demand governs the amount of invention.
Supported in partVerified against the work's full text
“They are [complementary] in that most shoes are made using some of each [technology]. They are”
- The term is the demand-side half of a doctrinal dichotomy whose complementary half is technology push, in which a new capability searches for problems it can address; the dichotomy, developed in the innovation-studies literature from Schmookler (1966) forward
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