eBook - PDF

New Perspectives on Economic Growth and Technological Innovation

Name: New Perspectives on Economic Growth and Technological Innovation
ISBN: 9780815796534

F. M. Scherer,

180 pages
English
PDF
Available on iOS & Android

eBook - PDF

New Perspectives on Economic Growth and Technological Innovation

F. M. Scherer,

About this book

Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the average citizen--a trend of steadily increasing real income per capita that continues to this day. Since that time, economists have struggled to develop systematic explanations for what caused the sudden, rapid increase, why the economy keeps growing, and why the rate of growth varies in different time periods and nations. In this book, F. M. Scherer traces the evolution of economic growth theory from the Industrial Revolution to the present. Emphasizing technological change as the most crucial dynamic force for growth, Scherer analyzes early hypotheses that paid little attention to new technologies, follows the emergence of theories that increasingly emphasized technological change, and reviews the current state of economic growth theory. Pointing out a lack of solid microbehavioral foundations to support contemporary ""new growth"" ideas, Scherer then supplies some foundational ""bricks"" concerning financial investment and human capital, and concludes by exploring the prospects for sustaining rapid growth into the next century. Copublished with the British-North American Committee

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Yes, you can access New Perspectives on Economic Growth and Technological Innovation by F. M. Scherer in PDF and/or ePUB format, as well as other popular books in Business & Development Economics. We have over one million books available in our catalogue for you to explore.