Technology, Institutions, and Economic Growth

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  • Technology, Institutions, and Economic Growth Book Detail

  • Author : Richard R. Nelson
  • Release Date : 2005-12-30
  • Publisher : Harvard University Press
  • Genre : Business & Economics
  • Pages : 326
  • ISBN 13 : 9780674019164
  • File Size : 64,64 MB

Technology, Institutions, and Economic Growth by Richard R. Nelson PDF Summary

Book Description: "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.

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