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.
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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.
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Buch. Etat : Neu. Technology, Growth, and Development | An Induced Innovation Perspective | Vernon W. Ruttan | Buch | Gebunden | Englisch | 2000 | Oxford University Press | EAN 9780195118711 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand. N° de réf. du vendeur 134188414
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