Innovation and Growth in the Global Economy

Innovation and Growth in the Global Economy

Paperback (10 Mar 1993)

Save $6.34

  • RRP $48.18
  • $41.84
Add to basket

Includes delivery to the United States

10+ copies available online - Usually dispatched within 7 days

Publisher's Synopsis

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.

Book information

ISBN: 9780262570978
Publisher: MIT Press
Imprint: The MIT Press
Pub date:
DEWEY: 338.9
DEWEY edition: 22
Language: English
Number of pages: 359
Weight: 567g
Height: 229mm
Width: 149mm
Spine width: 19mm