The economics of invention and innovation : with a case study of the development of the hovercraft

Abstract: Technological change - the process of invention - size of firm, invention and innovation - competition in innovation - scientists and engineers : their supply and demand - the government's role - technological change in industry - co-operative industrial research - the universities' contribution - the background to the study - hovercraft production, operations and markets the technical development of the air cushion principle - the development of industry public involvment.