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About The Book
Description
Author(s)
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.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.
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Details
ISBN 13
9780262570978
Publication Date
-29-01-1993
Pages
-376
Weight
-499 grams
Dimensions
-149x229x19.74 mm
