Business & Economics Books:

Innovation and Growth in the Global Economy

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Paperback / softback
$159.00
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Description

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 an approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.

Author Biography:

Gene M. Grossman is Jacob Viner Professor of International Economics and Director of the International Economics Section at Princeton University. Elhanan Helpman is Professor of Economics at Harvard University, the Archie Sherman Chair Professor of International Economic Relations in the Eitan Berglas School of Economics at Tel-Aviv University, and a Fellow at the Canadian Institute for Advanced Research.
Release date NZ
January 29th, 1993
Audiences
  • Postgraduate, Research & Scholarly
  • Professional & Vocational
  • Undergraduate
Pages
384
Dimensions
149x229x19
ISBN-13
9780262570978
Product ID
3695795

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