000 02709pam a2200253 4500
001 7496
005 20181127183738.0
008 910411s1991 maua b 001 0 eng
010 _a 91015795
020 _a0262071363
082 0 0 _a338.9
_220
100 1 _aGrossman, Gene M.
245 1 0 _aInnovation and growth in the global economy /
_cGene M. Grossman and Elhanan Helpman.
260 _aCambridge, Mass. :
_bMIT Press,
_cc1991.
300 _axiv, 359 p. :
_bill. ;
_c24 cm.
504 _aIncludes bibliographical references (p. [343]-350) and index.
505 _aPart 1 Growth and technology: facts about growth, the contribution of industrial innovation; technology as an economic commodity; method and organization of the book. Part 2 Traditional growth theory: solow; optimal savings; learning by doing; basic research. Part 3 Expanding product variety: brand proliferation; public knowledge capital; industrial policies; welfare. Part 4 Rising product quality: the basic model; endogenous quality increments; welfare. Part 5 Factor accumulation: physical capital; human capital; country size and resource composition. Part 6 Small open economy: a model with nontraded intermediates; trade and growth; trade and welfare; international capital flows; international knowledge flows. Part 7 Dynamic comparative advantage: international brand proliferation; international quality competition; multinational corporations; patent licensing. Part 8 Hysteresis: a benchmark economy; steady states; equal-wage trajectories; unequal-wage trajectories; R&D subsidies. Part 9 Trade and growth: diffusion of knowledge; trade between similar countries; trade with uneven innovation; trade between dissimilar countries. Part 10 international transmission of policies: quality upgrading - a graphical treatment; R&D subsidies; production subsidies; trade policies. Part 11 Imitation: a model of imitation; steady-state equilibrium; determinants of innovation and imitation; determinants of relative wages. Part 12 Product cycles: imitation with rising product quality; steady-state equilibrium; efficient followers; inefficient followers. Part 13 Lessons about growth.
_g
_r
_t
520 _aIn traditional growth theory innovation is treated as an exogenous process or by-product of investment in machinery and equipment. Here, the authors develop an approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by profit-seeking agents.
650 0 _aEconomic development.
650 0 _aEconomic history
_y1945-
650 0 _aInternational trade.
650 0 _aTechnological innovations
_xEconomic aspects.
700 1 _aHelpman, Elhanan.
999 _c6409
_d6409