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Fluctuations in the Rate of Industrial Invention

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  • Robert K. Merton

Abstract

I. Socio-economic problems of rates of invention and shifts of inventive interest, 454; limitations of the use of patent statistics as indexes of the rate of invention, 455. — II. The data used, 457; analysis of the data, 458; pattern of technical change within an industry, 460. — III. Factors which account for this pattern, 464.

Suggested Citation

  • Robert K. Merton, 1935. "Fluctuations in the Rate of Industrial Invention," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 49(3), pages 454-474.
  • Handle: RePEc:oup:qjecon:v:49:y:1935:i:3:p:454-474.
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    File URL: http://hdl.handle.net/10.2307/1883863
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    Cited by:

    1. de Rassenfosse, Gaétan & Schoen, Anja & Wastyn, Annelies, 2014. "Selection bias in innovation studies: A simple test," Technological Forecasting and Social Change, Elsevier, vol. 81(C), pages 287-299.
    2. Francesco Quatraro, 2009. "Diffusion of Regional Innovation Capabilities: Evidence from Italian Patent Data," Regional Studies, Taylor & Francis Journals, vol. 43(10), pages 1333-1348, December.
    3. Patrizio Pagano & Massimo Sbracia, 2014. "The secular stagnation hypothesis: a review of the debate and some insights," Questioni di Economia e Finanza (Occasional Papers) 231, Bank of Italy, Economic Research and International Relations Area.
    4. de Rassenfosse, Gaétan & Dernis, Hélène & Guellec, Dominique & Picci, Lucio & van Pottelsberghe de la Potterie, Bruno, 2013. "The worldwide count of priority patents: A new indicator of inventive activity," Research Policy, Elsevier, vol. 42(3), pages 720-737.

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