New Perspectives on Economic Growth and Technological Innovation is popular PDF and ePub book, written by F. M. Scherer in 2011-10-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, New Perspectives on Economic Growth and Technological Innovation can be Read Online from any device for your convenience.
New Perspectives on Economic Growth and Technological Innovation Book PDF Summary
A Brookings Institution Press and British-North American Committee publication Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the average citizen--a trend of steadily increasing real income per capita that continues to this day. Since that time, economists have struggled to develop systematic explanations for what caused the sudden, rapid increase, why the economy keeps growing, and why the rate of growth varies in different time periods and nations. In this book, F. M. Scherer traces the evolution of economic growth theory from the Industrial Revolution to the present. Emphasizing technological change as the most crucial dynamic force for growth, Scherer analyzes early hypotheses that paid little attention to new technologies, follows the emergence of theories that increasingly emphasized technological change, and reviews the current state of economic growth theory. Pointing out a lack of solid microbehavioral foundations to support contemporary "new growth" ideas, Scherer then supplies some foundational "bricks" concerning financial investment and human capital, and concludes by exploring the prospects for sustaining rapid growth into the next century.
Detail Book of New Perspectives on Economic Growth and Technological Innovation PDF
- Author : F. M. Scherer
- Release : 01 October 2011
- Publisher : Brookings Institution Press
- ISBN : 0815796536
- Genre : Business & Economics
- Total Page : 184 pages
- Language : English
- PDF File Size : 7,7 Mb
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