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About Innovation and Growth in the Global Economy
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 d
Detailed Information
| Author: | Gene M. Grossman |
|---|---|
| Publication Year: | 1993 |
| Pages: | 191 |
| Language: | English |
| File Size: | 12.4 |
| Format: | |
| Price: | FREE |
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