Innovation and Growth in the Global Economy
By:Gene M. Grossman,Elhanan Helpman
Published on 1991 by MIT Press
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.
This Book was ranked at 9 by Google Books for keyword economy.
Book ID of Innovation and Growth in the Global Economy's Books is 4ikgmM2vLJ0C, Book which was written byGene M. Grossman,Elhanan Helpmanhave ETAG "Qz55ZQFffEQ"
Book which was published by MIT Press since 1991 have ISBNs, ISBN 13 Code is 9780262570978 and ISBN 10 Code is 0262570971
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Book which have "359 Pages" is Printed at BOOK under CategoryBusiness and Economics
This Book was rated by 7 Raters and have average rate at "3.0"
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