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Innovation and Growth in the Global Economy : Innovation and Growth in the Global Economy - Gene M. Grossman

Innovation and Growth in the Global Economy

Innovation and Growth in the Global Economy

Paperback

Published: 29th January 1993
For Ages: 18+ years old
Ships: 7 to 10 business days
7 to 10 business days
RRP $105.00
$63.75
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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.Gene M. Grossman is Professor of Economics and International Affairs at Princeton University. Elhanan Helpman is Archie Sherman Professor of International Economic Relations at Tel Aviv University.

"A pathbreaking contribution by two of the smartest economists at the frontier of trade theory today." Jagdish Bhagwati, Columbia University

ISBN: 9780262570978
ISBN-10: 0262570971
Series: Innovation and Growth in the Global Economy
Audience: Professional
For Ages: 18+ years old
Format: Paperback
Language: English
Number Of Pages: 384
Published: 29th January 1993
Publisher: MIT Press Ltd
Country of Publication: US
Dimensions (cm): 23.0 x 15.6  x 2.4
Weight (kg): 0.61