Technology, Institutions, and Economic Growth
Download or Read eBook Technology, Institutions, and Economic Growth PDF written by Richard R. Nelson and published by Harvard University Press. This book was released on 2005-12-30 with total page 326 pages. Available in PDF, EPUB and Kindle.
Author | : Richard R. Nelson |
Publisher | : Harvard University Press |
Total Pages | : 326 |
Release | : 2005-12-30 |
ISBN-10 | : 0674019164 |
ISBN-13 | : 9780674019164 |
Rating | : 4/5 (64 Downloads) |
Book Synopsis Technology, Institutions, and Economic Growth by : Richard R. Nelson
Book excerpt: "In this book Richard R. Nelson mounts a full-blown attack on the standard neoclassical theory of economic growth, which he sees as hopelessly inadequate to explain the phenomenon. His alterative theory posits that economic growth driven by technological advance involves disequilibrium in a fundamental and continuing way. Nelson argues that an adequate theory must take into account a range of institutions, from universities to public laboratories and from government agencies to business firms and markets."--BOOK JACKET.