100 books like Handbook of the Economics of Innovation

By Bronwyn H. Hall (editor), Nathan Rosenberg (editor),

Here are 100 books that Handbook of the Economics of Innovation fans have personally recommended if you like Handbook of the Economics of Innovation. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

Book cover of The Economics of Innovation: An Introduction

Paul Stoneman Author Of The Microeconomics of Product Innovation

From my list on the study of the economics of innovation.

Why am I passionate about this?

When I began my doctorate many years ago I was somewhat disenchanted with the static nature of much economic analysis whereas it was apparent that the world is very much dynamic and continually changing. I thus committed myself then, and in a long career that followed, to exploring the ways in which Economics could be used to clarify and address the major issues that arise from innovation generation and diffusion. I present these choices as a way that other like-minded individuals may begin the exploration of innovation and discover the breadth and depth of the contribution that has been made by economists.

Paul's book list on the study of the economics of innovation

Paul Stoneman Why did Paul love this book?

This major textbook written for students with some basic knowledge of economics, written by one of the best expositors in the field, provides a comprehensive yet very accessible introduction to the economics of innovation and as such represents an excellent place to start.

I have known Peter for a number of years and he always offers in his writings (and lectures) both valuable insights into his subject and a sense of excitement.

By G. M. Peter Swann,

Why should I read it?

1 author picked The Economics of Innovation as one of their favorite books, and they share why you should read it.

What is this book about?

This major textbook provides a comprehensive yet accessible introduction to the economics of innovation, written for students with some basic knowledge of economics. G.M. Peter Swann contends that innovation is one of the most important economic and business phenomena of our time and a topic of great practical and policy interest, with widespread implications for our economy and society. This book engages with the reader to explore some of the key economic issues concerning innovation.

Bridging a gap in the literature, this timely textbook addresses critical questions such as: How should different aspects of innovation be described and classified? What…


Book cover of An Evolutionary Theory of Economic Change

Paul Stoneman Author Of The Microeconomics of Product Innovation

From my list on the study of the economics of innovation.

Why am I passionate about this?

When I began my doctorate many years ago I was somewhat disenchanted with the static nature of much economic analysis whereas it was apparent that the world is very much dynamic and continually changing. I thus committed myself then, and in a long career that followed, to exploring the ways in which Economics could be used to clarify and address the major issues that arise from innovation generation and diffusion. I present these choices as a way that other like-minded individuals may begin the exploration of innovation and discover the breadth and depth of the contribution that has been made by economists.

Paul's book list on the study of the economics of innovation

Paul Stoneman Why did Paul love this book?

This book provides the foundations for the evolutionary approach to the analysis of innovation and technological change.

In doing so it represents a serious attack on the dominant neoclassical approach to economic analysis, raising significant objections to assumptions of profit maximization and market equilibrium, instead borrowing the concept of natural selection to construct a detailed evolutionary theory of business behaviour.

It is probably in the field of innovation that evolutionary economics has its greatest presence. As a mainly neoclassical scholar myself I value this alternative paradigm both as a challenge and a valuable alternative viewpoint.

By Richard R. Nelson, Sidney G. Winter,

Why should I read it?

1 author picked An Evolutionary Theory of Economic Change as one of their favorite books, and they share why you should read it.

What is this book about?

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Richard R. Nelson and Sidney G. Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms.

To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are…


Book cover of Oslo Manual 2018: Guidelines for Collecting, Reporting and Using Data on Innovation

Paul Stoneman Author Of The Microeconomics of Product Innovation

From my list on the study of the economics of innovation.

Why am I passionate about this?

When I began my doctorate many years ago I was somewhat disenchanted with the static nature of much economic analysis whereas it was apparent that the world is very much dynamic and continually changing. I thus committed myself then, and in a long career that followed, to exploring the ways in which Economics could be used to clarify and address the major issues that arise from innovation generation and diffusion. I present these choices as a way that other like-minded individuals may begin the exploration of innovation and discover the breadth and depth of the contribution that has been made by economists.

Paul's book list on the study of the economics of innovation

Paul Stoneman Why did Paul love this book?

This manual provides an internationally agreed set of definitions of, and measurements for, different innovative activities and as such provides widely accepted guidelines by which internationally comparative data can be collected and government policies be targeted.

This may seem rather dry, but I think that it is crucial to the development of a subject area that all parties involved are using the same definitions of variables.

This has become of particular importance for many aspects of innovation have become the concerns of politicians and policymakers and past discussions have made me aware that parties more often than would wish are talking at cross purposes, using the same terms for different concepts.

By Organisation for Economic Co-operation and Development, Eurostat,

Why should I read it?

1 author picked Oslo Manual 2018 as one of their favorite books, and they share why you should read it.

What is this book about?

What is innovation and how should it be measured? Understanding the scale of innovation activities, the characteristics of innovative firms and the internal and systemic factors that can influence innovation is a prerequisite for the pursuit and analysis of policies aimed at fostering innovation. First published in 1992, the Oslo Manual is the international reference guide for collecting and using data on innovation. In this fourth edition, the manual has been updated to take into account a broader range of innovation-related phenomena as well as the experience gained from recent rounds of innovation surveys in OECD countries and partner economies…


Book cover of The Theory of Economic Development

David Emanuel Andersson Author Of Property Rights, Consumption and the Market Process

From my list on understanding how societies develop.

Why am I passionate about this?

I have always been curious about why societies develop, which is why I was drawn to the social sciences as a student. I first encountered attempts to explain development in economics, but found that mainstream models were too neat and abstract to account for my everyday observations. Why are there no entrepreneurs in the models, and why do most economists assume that property rights are unambiguous? I eventually discovered that non-mainstream economic theories and some of the other social sciences are more concerned with reality. Eventually I developed an eclectic framework with a focus on entrepreneurship, institutions, and spatial agglomerations as factors that shape socio-economic development. 

David's book list on understanding how societies develop

David Emanuel Andersson Why did David love this book?

This is the first book I read about the role of entrepreneurs in the economy. I have mixed feelings about it.

It’s filled with insights but it is also deeply flawed. Entrepreneurs drive economic development and engage in “creative destruction.” The market is about change rather than equilibrium. These are both great insights.

But history has refuted Schumpeter’s Nietzschean view that entrepreneurship is confined to “captains of industry” with unusual personality traits, and his attempts to explain business cycles is unpersuasive.  

By Joseph A. Schumpeter,

Why should I read it?

2 authors picked The Theory of Economic Development as one of their favorite books, and they share why you should read it.

What is this book about?

Joseph Schumpeter (1883-1950) is one of the most fascinating and influential economists of the twentieth century, renowned for his brilliant and unorthodox insights into the nature of capitalism. His students include leading economists such as Paul Samuelson, Robert Solow and the former chairman of the Federal Reserve, Alan Greenspan.

The Theory of Economic Development is one of Schumpeter's most important books and the one that made him famous. He poses a fundamental question: why does economic development proceed cyclically rather than evenly? Turning prevailing economic theory, which approached economics as equilibrium, on its head, Schumpeter argues it is because economics…


Book cover of The Knockoff Economy: How Imitation Sparks Innovation

Raphael Sassower Author Of The Quest for Prosperity: Reframing Political Economy

From my list on moving beyond capitalism.

Why am I passionate about this?

My interest in political economy dates back to my student years where I combined the study of the history of political economy, economics, and philosophy. Whether apologists or critics of capitalism, both groups appreciate the centrality of economic exchange among people who live in communities where absolute autonomy and self-sufficiency are unattainable. My concern with reframing political economy is also informed by the all too hushed scandal of capitalism, namely, the reliance on slavery for the accumulation of wealth for more than a century after the establishment of the USA. The reckoning with this atrocity animates much of my present thinking about political economy in general and capitalism in particular.  

Raphael's book list on moving beyond capitalism

Raphael Sassower Why did Raphael love this book?

With numerous examples that range from comedy clubs, football strategies, recipes, and the fashion industry, this book explains how the myth of copyright protection as the hallmark of market capitalism makes no sense. Instead of the argument that the only way to incentivize people to invent and create, what this book outlines is the many cases in which not only this is not the case but instead a robust competitive environment thrives without capitalist ways of thinking. Notions of creative cooperation make up for ruthless competition, and the expectation of legal protection only shows that without regulatory powers market forces cannot function. 

By Kal Raustiala, Christopher Sprigman,

Why should I read it?

1 author picked The Knockoff Economy as one of their favorite books, and they share why you should read it.

What is this book about?

From the shopping mall to the corner bistro, knockoffs are everywhere in today's marketplace. Conventional wisdom holds that copying kills creativity, and that laws that protect against copies are essential to innovation-and economic success. But are copyrights and patents always necessary? In The Knockoff Economy, Kal Raustiala and Christopher Sprigman provocatively argue that creativity can not only survive in the face of copying, but can thrive.

The Knockoff Economy approaches the question of incentives and innovation in a wholly new way-by exploring creative fields where copying is generally legal, such as fashion, food, and even professional football. By uncovering these…


Book cover of IP Valuation for the Future: Trends, Techniques, and Case Studies

Joe Carlen Author Of The Einstein Money: The Life and Timeless Financial Wisdom of Benjamin Graham

From my list on understanding value investing and business value.

Why am I passionate about this?

As an investor and a professional business valuation specialist, I have a passion for understanding the true intrinsic value of both publicly-traded and closely-held (private) companies. There’s no denying that Warren Buffett, emulating the example of his mentor Benjamin Graham, applied a private company valuation approach to the selection of publicly-traded stocks and the results speak for themselves. Furthermore, given my somewhat technical educational and vocational background, I am more comfortable than most valuators with highly technical and IP-weighted businesses. That is why I consider IP valuation to be an integral element of business valuation. 

Joe's book list on understanding value investing and business value

Joe Carlen Why did Joe love this book?

In our increasingly technology-dependent economy, business value and the value of intellectual property (IP) intersect like never before. That’s why understanding how to value patents (both individual patents and patent portfolios), trademarks, and copyrights are essential skills to those serious about discerning business value in the 21st century. Mr. Anson includes a good discussion of the best IP valuation methods and the case studies are especially instructive. 

By Weston Anson,

Why should I read it?

1 author picked IP Valuation for the Future as one of their favorite books, and they share why you should read it.

What is this book about?

In today's economic landscape, there is a growing awareness of intellectual property and its value at all levels. IP Valuation for the Future looks at all matters related to IP value, whether the value is in a transaction, litigation, or other context. This guide provides a valuation overview for attorneys who need a basic grounding in the principles and financial standards of IP valuation along with a basic review of the core attributes, categories, and permutations of various IP.
In addition, this is a helpful resource for bankers, financial professionals, venture capitalists, and other professionals. It also serves as an…


Book cover of Information Rules: A Strategic Guide to the Network Economy

Jonathan B. Baker Author Of The Antitrust Paradigm: Restoring a Competitive Economy

From my list on reads before—or after—you learn antitrust law.

Why am I passionate about this?

After college, I studied economics and law. Working in antitrust lets me use what I’ve learned about both fields. I’ve been a professor at a law school and a business school and worked on competition issues while serving in senior government positions in multiple federal agencies, including both antitrust agencies. I also like working in antitrust because fostering competition is important to our economy. Competition encourages firms to pursue success by developing and selling better and cheaper products and services, not by coordinating with their rivals or trying to exclude them. And I like antitrust because the cases can involve any industry—I might learn about baby food one day and digital platforms the next.  

Jonathan's book list on reads before—or after—you learn antitrust law

Jonathan B. Baker Why did Jonathan love this book?

Information technology is reshaping the economy and has raised novel competition concerns. 

Many of the highest-profile antitrust cases involve giant firms in the information technology sector, from IBM and Microsoft in the past to Alphabet, Amazon, Apple, and Meta today.

This business strategy book, written by two leading economists, taught a generation of business leaders how to navigate the competitive challenges that arise in information industries. It explains simply and clearly, with useful examples, concepts like network effects and lock-in that form the essential economic background for understanding both the business strategy problems that are the focus of the book and the antitrust issues that can arise in this sector.  

By Carl Shapiro, Hal R. Varian,

Why should I read it?

1 author picked Information Rules as one of their favorite books, and they share why you should read it.

What is this book about?

In Information Rules, authors Shapiro and Varian reveal that many classic economic concepts can provide the insight and understanding necessary to succeed in the information age. They argue that if managers seriously want to develop effective strategies for competing in the new economy, they must understand the fundamental economics of information technology. Whether information takes the form of software code or recorded music, is published in a book or magazine, or even posted on a website, managers must know how to evaluate the consequences of pricing, protecting, and planning new versions of information products, services, and systems. The first book…


Book cover of Money-Smart Solopreneur: A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers

Christina Hamlett Author Of Office for One: The Sole Proprietor's Survival Guide

From my list on solopreneurs who want to chart their own course.

Why am I passionate about this?

From the time I first learned to write, I knew this was something in my blood I had to pursue and that I’d one day make a comfortable living at it. Writing is a solitary craft to be sure, and although I worked in other industries for a number of years, I knew I’d eventually have to take a leap of faith and pursue this professionally. I’m passionate about encouraging fellow wordsmiths and dreamers, and the business books I’ve written reflect my expertise in Audience Analysis and Message Design, a specialization I’ve also tapped for my novels and stage plays.

Christina's book list on solopreneurs who want to chart their own course

Christina Hamlett Why did Christina love this book?

There’s a reason why people who want to become their own boss often test the waters while they are still drawing a paycheck from their 9-5. It’s a scary business wondering how you’re going to pay the rent, put food on the table, clothe your kids, pay taxes, etc. when you have always had the safety net of regular employment. Ms. Adams pulls no punches in encouraging readers to take a reality check regarding their finances, legal considerations, and even the long-term vision of whatever solo enterprise they want to launch.

By Laura D. Adams,

Why should I read it?

1 author picked Money-Smart Solopreneur as one of their favorite books, and they share why you should read it.

What is this book about?

Build Your Business and Your Financial FutureAs a solopreneur, you can reinvent the way you work with much more freedom, fun, and financial security. There's never been a better time to earn more money by starting a full- or part-time solo venture. But being your own boss can be a challenge or feel scary when you don't have a roadmap. 

In Money-Smart Solopreneur, Laura D. Adams answers questions every aspiring and new entrepreneur has about creating a business and building a secure financial future. It's a complete guide for what to do, critical mistakes to avoid, and how to start…


Book cover of Open Source Licensing: Software Freedom and Intellectual Property Law

Christopher Trudeau Author Of Django in Action

From my list on books for coders shelf.

Why am I passionate about this?

My first computer was an early IBM PC back when all my friends had Commodores they used for gaming. Not being able to share their games meant I had to do something else, so I read the Introduction to Basic book that came in the box. I’ve been coding, reading about coding, writing about coding, teaching about coding, and talking about coding ever since. The world of technology moves so fast that it is hard to keep up. If you’ve taken one of my courses or listened to The Real Python Podcast, I hope you’ve heard about my passion for the topic. 

Christopher's book list on books for coders shelf

Christopher Trudeau Why did Christopher love this book?

Most of the code I write and use is open source. As a programmer, it is easy to think “open source means free.” I didn’t think much about it until one of the companies I worked at got acquired, and we had to audit our licenses.

The big company that bought us was very particular about which licenses were compatible with their needs. That was when I realized I needed to understand this stuff better. Rosen does a great job of teaching what is otherwise legalese in plain-spoken, easy-to-understand language. This book taught me why I choose the licenses I do rather than picking blindly.

By Lawrence Rosen,

Why should I read it?

1 author picked Open Source Licensing as one of their favorite books, and they share why you should read it.

What is this book about?

"I have studied Rosen's book in detail and am impressed with its scope and content. I strongly recommend it to anybody interested in the current controversies surrounding open source licensing."
-John Terpstra, Samba.org; cofounder, Samba-Team"Linux and open source software have forever altered the computing landscape. The important conversations no longer revolve around the technology but rather the business and legal issues. Rosen's book is must reading for anyone using or providing open source solutions."
-Stuart Open Source Development LabsA Complete Guide to the Law of Open Source for Developers, Managers, and Lawyers

Now that open source software is blossoming around…


Book cover of Just Saying: An absolutely perfect and feel good romantic comedy

Angela Terry Author Of The Trials of Adeline Turner

From my list on chick lit on lawyers from a former Biglaw attorney.

Why am I passionate about this?

I’m an attorney who formerly practiced intellectual property law at large firms in Chicago and San Francisco. Even while I was practicing law, I had dreams of becoming an author. I’ve always been drawn to Chick-Lit, Rom-Coms, and Women’s Fiction, and even more fascinated by other lawyers who made the leap from lawyering to writing in these genres. My debut novel was about a PR executive, but for my sophomore novel, The Trials of Adeline Turner, I couldn’t help but revisit law firm life. While I enjoy reading and writing about lawyers, my favorite thing about these books is their message of following your heart to live your best life. 

Angela's book list on chick lit on lawyers from a former Biglaw attorney

Angela Terry Why did Angela love this book?

Alice Carlisle is an intellectual property attorney trainee in London about to secure full-time employment at her firm. But when the head of the department is suspended (the circumstances of which are revealed throughout the story), HR informs Alice that there will be a hiring freeze. Needing money, she takes on a temporary job at her local pub and her boyfriend’s ex moves in to help with the rent. Ouch! I felt so bad for Alice—to work so hard at something and then have it fall apart through no fault of her own. This is a smart, page-turning, relatable read that I devoured in an afternoon, and I loved the message that sometimes a detour takes you right where you need to be.

By Sophie Ranald,

Why should I read it?

1 author picked Just Saying as one of their favorite books, and they share why you should read it.

What is this book about?

‘I absolutely loved this book and devoured it in a matter of hours! The perfect Saturday-night read which I found impossible to put down… I literally laughed out loud.’ Book Lover, ⭐⭐⭐⭐⭐

When the inflatable hot tub my boyfriend hired for a surprise deflated with me in it, spilling water everywhere and almost flooding our flat, I should have known it was a sign…

Could things get any worse? First Alice gets fired from her job as a lawyer out of the blue, and she has absolutely no idea what to do with her life. Then she and her boyfriend…


Book cover of The Economics of Innovation: An Introduction
Book cover of An Evolutionary Theory of Economic Change
Book cover of Oslo Manual 2018: Guidelines for Collecting, Reporting and Using Data on Innovation

Share your top 3 reads of 2024!

And get a beautiful page showing off your 3 favorite reads.

1,201

readers submitted
so far, will you?

5 book lists we think you will like!

Interested in innovation, economics, and entrepreneurs?

Innovation 85 books
Economics 411 books
Entrepreneurs 313 books