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Innovation and Growth in the Global Economy, (Paperback)

Innovation and Growth in the Global Economy, (Paperback)

Hero image 0 of Innovation and Growth in the Global Economy, (Paperback), 0 of 1

Gene M Grossman

Innovation and Growth in the Global Economy, (Paperback)

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Innovation and Growth in the Global Economy, (Paperback)Innovation and Growth in the Global Economy Paperback 9780262570978

Book Format:Paperback

Key item features

Innovation and Growth in the Global Economy, (Paperback)
Author: MIT Press
ISBN: 9780262570978
Format: Paperback
Publication Date: 1993-01-29
Page Count: 376

Specs

Book format
Paperback
Fiction/nonfiction
Non-Fiction
Genre
Business & Investing
Pub date
1993-01-29
Pages
376
Subgenre
Economics

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Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.

Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in machinery and equipment. Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.

Innovation and Growth in the Global Economy, (Paperback)
Author: MIT Press
ISBN: 9780262570978
Format: Paperback
Publication Date: 1993-01-29
Page Count: 376

info:

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Specifications

Book format

Paperback

Fiction/nonfiction

Non-Fiction

Genre

Business & Investing

Pub date

1993-01-29

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