Innovation and Growth in the Global Economy by Elhanan Helpman and Gene M. Grossman (1991, Hardcover)

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About this product

Product Identifiers

PublisherMIT Press
ISBN-100262071363
ISBN-139780262071369
eBay Product ID (ePID)1956906

Product Key Features

Book TitleInnovation and Growth in the Global Economy
Number of Pages376 Pages
LanguageEnglish
TopicInternational / Economics, Economic History, Development / Economic Development
Publication Year1991
IllustratorYes
GenreBusiness & Economics
AuthorElhanan Helpman, Gene M. Grossman
FormatHardcover

Dimensions

Item Weight25.8 Oz
Item Length6.4 in
Item Width9.3 in

Additional Product Features

Intended AudienceTrade
LCCN91-015795
Dewey Edition20
Dewey Decimal338.9
SynopsisTraditional 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 an approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward looking, profit-seeking agents. They also devote attention to the place of international trade in the growth process, including the transmission of innovations from the industrial economies to the IDCs.
LC Classification NumberHC79.T4G697 1991

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