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Item Details
| Title:
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INNOVATION AND GROWTH IN THE GLOBAL ECONOMY
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| By: |
Gene M. Grossman, Elhanan Helpman |
| Format: |
Paperback |
| List price:
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£38.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0262570971 |
| ISBN 13: |
9780262570978 |
| Publisher: |
MIT PRESS LTD |
| Pub. date: |
29 January, 1993 |
| Series: |
Innovation and Growth in the Global Economy |
| Pages: |
384 |
| Description: |
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. |
| Synopsis: |
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. |
| Publication: |
US |
| Imprint: |
MIT Press |
| Returns: |
Returnable |
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