Innovation And Growth In The Global Economy
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Google books | books.google.com |
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Originally published | 1991 |
Authors | Gene Grossman |
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Date of Upd. | |
ID | 2097616 |
About Innovation And Growth In The Global Economy
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. . . .