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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.
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.
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.
| Empfohlen (von): | 18 |
|---|---|
| Erscheinungsjahr: | 1993 |
| Fachbereich: | Volkswirtschaft |
| Genre: | Importe, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Inhalt: | Einband - flex.(Paperback) |
| ISBN-13: | 9780262570978 |
| ISBN-10: | 0262570971 |
| Sprache: | Englisch |
| Einband: | Kartoniert / Broschiert |
| Autor: |
Grossman, Gene M.
Helpman, Elhanan |
| Orchester: | Helpman, Elhanan |
| Hersteller: | MIT Press |
| Verantwortliche Person für die EU: | Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de |
| Maße: | 229 x 149 x 21 mm |
| Von/Mit: | Gene M. Grossman (u. a.) |
| Erscheinungsdatum: | 29.01.1993 |
| Gewicht: | 0,533 kg |
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