Topics The Economics of Invention", a book written by Director Nagaoka of the Policy Research Institute, won the 65th Nikkei Economic Book Culture Award.
On November 3, 2022, the 65th Nikkei Economic Book Award was announced, and the book "The Economics of Invention" by Sadao Nagaoka, Director of the Pharmaceutical and Industrial Policy Research Institute (Policy Research Institute), was awarded. The Nikkei Economic Book Culture Awards are given to authors and publishers of outstanding books on economics and management published in the past year. The prize was established in 1958 with the aim of contributing to the advancement of knowledge in the fields of economics, management, and accounting, as well as to its general dissemination and application.
Sadao Nagaoka, Director, Policy Research Institute
The award ceremony was held on November 14, 2022 at the Tokyo headquarters of the Nikkei Shimbun (Nikkei Inc.) in Chiyoda-ku, Tokyo, and the five award winners in attendance received a certificate of merit and a supplementary prize (commemorative gift). The 65th award-winning books are as follows
| The 65th Awards Winners | |
| The Economics of Invention | Sadao Nagaoka, Nippon Hyoronsha, Inc. |
| The Economics of Small Business Finance | The Economics of Small Business Finance" by Takeichiro Uesugi (Nikkei BP, Nikkei Inc.) |
| Profit Management of Japanese Companies" by Tomoyasu Yamaguchi (Chuokeizai Inc.) | The Rise and Fall of Commerce" by Tomoyasu Yamaguchi, Chuokeizai-sha, Inc. |
| The Rise and Fall of Commerce | The Rise and Fall of Commerce" by Toshiyuki Yahagi, Nikkei Business Publications, Inc. |
| What are Prices? | by Tsutomu Watanabe, Kodansha Ltd. |
In his general comment, Hiroshi Yoshikawa, Professor Emeritus of the University of Tokyo and chairman of the jury, said, "Although the new coronavirus crisis is still lingering, many excellent books have been published in the world of economic books. In particular, there were many good books on empirical analysis, which sharply approaches the realities of the economy, finance, and corporate management based on abundant data.
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1(Quoted from the November 3, 2022 morning edition of the Nihon Keizai Shimbun)
Certificate of Commendation
Extra prize (commemorative gift)
Award Comment
Sadao Nagaoka, Director, Pharmaceutical and Industrial Policy Research Institute / Professor, Faculty of Economics, Tokyo Keizai University
I am very grateful for the recognition of my long-term efforts in economic analysis of innovation and the results I have achieved to date. My book, "The Economics of Invention," consists of three parts: creation of inventions, innovation, and the patent system. I believe that the award was granted in recognition of the fact that I conducted empirical research on fundamental issues such as the process of invention, motivation for inventive step, cumulative innovation, and the role of the public domain, using data collected independently.
The results of research on drug discovery conducted at the Institute for Policy Studies (e.g., assessing the social value of drugs and understanding the uncertainties of drug discovery projects) are also reflected in this publication. We would like to express our gratitude for this research opportunity.
| The Economics of Invention: Knowledge Creation for Innovation | |
| Nippon Hyoronsha, Inc. | |
| https://www.nippyo.co.jp/shop/book/8761.html | |
| Written by Sadao Nagaoka | |
| Price: 6,160 yen (tax included) | 6,160 yen (tax included) (5,600 yen) |
| Publication date: March 2022 | March 2022 |
| Format: A5 size | A5 size |
| Number of pages: 344 | 344 pages |
( Takafumi Adachi, General Manager, Public Relations Department)