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Technological Innovation, Industrial Evolution, and Economic Growth

Technological Innovation, Industrial Evolution, and Economic Growth

Paperback

Series: Studies on Industrial Productivity: Selected Works

Business GeneralEconomics

ISBN10: 1138996823
ISBN13: 9781138996823
Publisher: Routledge
Published: Aug 26 2016
Pages: 132
Weight: 0.35
Height: 0.28 Width: 5.50 Depth: 8.50
Language: English
First Published in 1998. This book investigates the determinants of technological change and the role played by such change in the process of economic growth. The factors influencing the extent and dissemination of technological progress at the firm, industrial and societal levels are identified and the impact on the rate of economic growth of these factors is studied. Government policies that seek to increase economic growth through both direct and indirect manipulation of the channels affecting technological change are then considered. A key finding of the book, as contained in chapter two, is that in some cases, government efforts to increase economic growth may actually have the opposite effect in the short-term before eventually yielding the desired results.

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