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Technology, Growth, and Development : An Induced Innovation Perspective - Vernon W. Ruttan

Technology, Growth, and Development

An Induced Innovation Perspective

Hardcover Published: 1st November 2000
ISBN: 9780195118711
Number Of Pages: 672

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Technology, Growth, and Development uniquely presents the complexities of technical and institutional change on the foundation of modern growth theory. The author shows how the rates and directions of technical change are induced by changes in competitive funding and institutional innovations in the modern research university and industrial laboratory. In turn, technical change itself becomes a powerful source of institutional change. Organized by the author in four parts, the first-Productivity and Economic Growth-gives specific reasons for the slowing of productivity growth in the United States and other leading industrial countries during the last quarter of the twentieth century. In Part II-Sources of Technical Change-the author examines a host of economic factors that influence invention and innovation; the rate and direction of institutional change; and the adoption, diffusion, and transfer of technology. In Part III-Technical Innovation and Industrial Change-he traces the sources and impact of technical change in five strategically important industries: agriculture, electric power, chemical, computer, and biotechnology. The final section, Part IV-Technology Policy-evaluates the role of technical change in international competition, the role of science and technology in environmental policy, and the evolution of U.S. science and technology policy. Technology, Growth, and Development makes few mathematical demands on students, and will be used in courses within economics departments as well as management and public affairs. In addition, it will be required reading for professional economists, managers, and policy analysts at all levels.

Industry Reviews

"This big book is the product of a lifetime of serious and creative scholarship. I can think of no other scholar who has worked more systematically, and with greater dedication, to illuminate the multiple and sometimes elusive aspects of technological change than Vernon Ruttan."--Nathan Rosenberg, Department of Economics, Stanford University "Vernon Ruttan has written an encyclopedic volume on the role of technology in economic growth in both industrialized and poorer countries. The book contains a superb integration of the recent insights of new growth theory and detailed studies of the process of technological innovation at the microeconomic level. The extraordinary scope of the volume ranges from new insights on the extent to which the U.S. consumer price index is affected by technical change to a detailed examination of the development of the microprocessor. Intensive studies of developments in chemical industries, agricultural technology, and dozens of other industries provide the empirical underpinning for a masterful discussion of induced innovation. This book will be the starting point for all researchers interested in further studies in the area." --Howard Pack, The Wharton School, The University of Pennsylvania "Worthy of a Nobel Prize."-Rondo Cameron, William Rand Kenan University Professor Emeritus, Emory University "A necessary reading for all students interested in economic development."--Peter Chow, The City College of New York

Part I: Productivity and Economic Growth 1: Is Economic Growth Sustainable? Doomsters and Boomsters The Dismal Scene Limits to Growth Productivity Growth The Book Plan References Figures Table 2: Catching Up and Falling Behind The Convergence Controversy Growth Economics Accounting for Economic Growth Falling Behind Perspective References Boxes Tables Figures Appendix 2 Technical Change and Productivity Growth: The Simple Analytics Figures Part II: The Sources of Technical Change 3: The Process of Invention and Innovation The Process of Invention and Invention Cumulative Synthesis: Three Cases Linkages Between Science and Technology The Research Institution Learning by Doing and Using Perspective References Box Figures 4: Technical and Institutional Innovation Sources of Technical Change Sources of Institutional Innovation A Pattern Model of Induced Innovation References Boxes Tables Figures 5: Technology Adaption, Diffusion, and Transfer Convergence of Traditions The Diffusion of Agricultural Technology Diffusion of Industrial Technology New Theory and New Method The Product Cycle and International Trade Endogenous Growth and Technology Transfer The Costs of Technology Transfer Resistance to Technology Perspective References Table Figures Part III: Technical Innovation and Industrial Change 6: Technical Change and Agricultural Development Models of Agricultural Development Induced Technical Change in Agriculture Scientific and Technical Constraints Resource and Environmental Constraints Agricultural Research Systems Lessons From Experience References Box Tables Figures 7: Light, Power, and Energy The Battle of the Systems The Transformation of Industrial Energy Use The Great Oil Shock The Exhaustion of Scale Institutional Innovation What Happened to Alternative Policy? Perspectives References Box Tables Figures 8: The Chemical Industry Inventors, Inventions and Technical Change Chemical Engineering and the Petrochemical Revolution International Diffusion Maturity Perspective References Box Tables Figures 9: The Computer and Semi-conductor Industries From Calcuators to Computers IBM Sets the Mainframe Standard The Transistor Resolution Microcomputers and Minicomputers The Software Industry International Diffusion Industrial Policy Computers and Economic Growth Computers and Society References Boxes Figures Tables 10: The Biotechnology Industries From Biological Technology to Biotechnology Molecular Biology and Biotechnology The University-Industrial Complex Institutional Innovation Commercial Biotechnology Market Structure Industrial Policy and International Competition Biotechnology and The Food Industries Biotechnology in the Twenty-First Century References Boxes Tables Figures Part IV: Technology Policy 11: Technical Change in Three Systems American Systems of Technical Innovation The Japanese System German Systems of Technical Innovation Systems of Technical Innovation Technology, Trade, and Competitiveness Perspective References Box Tables Figures 12: Technology, Resources, and Environment Three Waves of Concern Resource Economics Environmental Economics Ecological Economics Environmental Impacts of Production Environmental Impacts of Consumption Emission Trading Global Climate Change Perspective References Boxes Tables Figurs 13: Science and Technology Policy Principles of Science and Technology Policy The Patent System Military Procurement Politics of Science and Technology Policy Experience with Public Investment Perspective References Boxes Figures Tables 14: The Transition to Sustainable Development What Have We Learned? The Sustainability Critique Modeling the Future Sustainability Transitions Intellectual Changes Perspective References Figure

ISBN: 9780195118711
ISBN-10: 0195118715
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 672
Published: 1st November 2000
Publisher: Oxford University Press Inc
Country of Publication: US
Dimensions (cm): 24.23 x 16.41  x 3.68
Weight (kg): 1.12

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