Innovation and Growth in the Global Economy
By:Gene M. Grossman,Elhanan Helpman
Published on 1993 by MIT Press
Traditional growth theory emphasizes the incentives for capital accumulation ratherthan technological progress. Innovation is treated as an exogenous process or a by-product ofinvestment in machinery and equipment. Grossman and Helpman develop a unique approach in whichinnovation is viewed as a deliberate outgrowth of investments in industrial research byforward-looking, profit-seeking agents.Gene M. Grossman is Professor of Economics and InternationalAffairs at Princeton University. Elhanan Helpman is Archie Sherman Professor of InternationalEconomic Relations at Tel Aviv University.
This Book was ranked at 8 by Google Books for keyword the world economy.
Book ID of Innovation and Growth in the Global Economy's Books is 4ikgmM2vLJ0C, Book which was written byGene M. Grossman,Elhanan Helpmanhave ETAG "ICYVe5sXyYs"
Book which was published by MIT Press since 1993 have ISBNs, ISBN 13 Code is 9780262570978 and ISBN 10 Code is 0262570971
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