Terminology in Economic Research

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Andrew Flower

Terminology in Economic Research: Industrial Economics and Innovation at the Centre for European Economic Research (ZEW), Mannheim

ISBN 978-3-86821-057-6, 233 S., 21 Abb., € 26,50 (CD-ROM, 2008)

(Lighthouse Unlimited, Bd. 124)

Industrial economics, also known as industrial organisation, is a growth area in economic research. Researchers in the field use microeconomic models to try to explain how competing firms' strategies on a given market affect prices and quantities sold. This guide offers an introduction to the basic theories used in the field and the terminology associated with them. To show how principles are put into practice, our focus then shifts to the field of innovation and the EU's Community Innovation Survey, the German part of which is carried out by the Centre for European Economic Research (ZEW). The survey methodology is discussed in conjunction with the underlying theoretical considerations. The work concludes with a bilingual glossary of terms, complete with definitions and sample sentences.