Technology, Growth and Development places the process of technical change firmly within the context of modern growth theory. It goes beyond conventional growth theory in its emphasis on both induced technical and institutional change. The rate and direction of technical change is viewed as induced by changes in relative resource endowments and by institutional innovations such as the modern research university and the industrial research laboratory.
The economic and institutional sources of technical change are analysed for a series of general purpose technologies in five industries - the agricultural, electric power, chemical, computer, and biotechnology industries. A final section is devoted to issues of technology policy, including competitiveness, the environment, the U.S science and technology policy, and the transition to sustainable growth at the global level.
| ISBN: | 9780195118711 |
| Publication date: | 14th September 2000 |
| Author: | Vernon W Ruttan |
| Publisher: | Oxford University Press an imprint of OUP USA |
| Format: | Hardback |
| Pagination: | 656 pages |
| Genres: |
Development economics and emerging economies |
Technology, Growth and Development places the process of technical change firmly within the context of modern growth theory. It goes beyond conventional growth theory in its emphasis on both induced technical and institutional change.
Technology, Growth and Development features in the following genres: Development economics and emerging economies
Hardback. Not Available.
Technology, Growth and Development was written by Vernon W Ruttan and published by Oxford University Press an imprint of OUP USA
Technology, Growth and Development has 656 pages