Innovation and Growth in the Global Economy
$102.38
- Paperback
384 pages
- Release Date
29 January 1993
Summary
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.
Book Details
| ISBN-13: | 9780262570978 |
|---|---|
| ISBN-10: | 0262570971 |
| Author: | Gene M. Grossman, Elhanan Helpman |
| Publisher: | MIT Press Ltd |
| Imprint: | MIT Press |
| Format: | Paperback |
| Number of Pages: | 384 |
| Release Date: | 29 January 1993 |
| Weight: | 567g |
| Dimensions: | 19mm x 149mm x 229mm |
| Series: | The MIT Press |
| Audience Age: | 18 |
You Can Find This Book In
Critics Review
“A pathbreaking contribution by two of the smartest economists at the frontier of trade theory today.” Jagdish Bhagwati, Columbia University
Gene M. Grossman
Gene M. Grossman is Jacob Viner Professor of International Economics and Director of the International Economics Section at Princeton University.Elhanan Helpman is Professor of Economics at Harvard University, the Archie Sherman Chair Professor of International Economic Relations in the Eitan Berglas School of Economics at Tel-Aviv University, and a Fellow at the Canadian Institute for Advanced Research.
Returns
This item is eligible for free returns within 30 days of delivery. See our returns policy for further details.