Clare Hall Colloquium

Professor Ove Granstrand      

Center for Technology Management, Dept of Engineering, Cambridge University and Chalmers University, Sweden

Do patents and innovations contribute to economic growth and welfare?

The colloquium will first give an overview of the transition in recent decades to a global economy dominated by capitalist institutions and intellectual capital, i.e. intellectual capitalism. The title question will then be probed using international statistics, literature analysis and empirical surveys, which altogether show some strong connections, together with a number of paradoxes. Finally, the seminar will raise a number of questions regarding the role of new technologies and innovations to meet global challenges, and the future of capitalism and its institutions.