Technological Innovation and Economic Performance

Technological Innovation and Economic Performance

by Benn Steil
     
 
Information technology accounts for more than one-third of recent U.S. GDP growth and nearly two-thirds of corporate capital investment. "The New Economy" appears omnipresent, but little is actually known about the sources of technological innovation and its impact on economic performance. This seminal volume brings together the research and critical thinking of many

Overview

Information technology accounts for more than one-third of recent U.S. GDP growth and nearly two-thirds of corporate capital investment. "The New Economy" appears omnipresent, but little is actually known about the sources of technological innovation and its impact on economic performance. This seminal volume brings together the research and critical thinking of many of the world's top macro and micro economists to provide a unique, multifaceted perspective. Through the use of detailed, up-to-date country and industry studies, this book provides the most authoritative and detailed analysis ever assembled into the causes of technological innovation and its relationship to economic performance. The country studies cover the United States, Japan, Germany, France, the United Kingdom, and the Nordic states. Nine industry studies examine the Internet, computers and semiconductors, banking, securities trading, venture capital, electric power, agricultural biotechnology, pharmaceutical biotechnology, and authomobiles. Commissioned and brought together for the research project by the world-renowned Council on Foreign Relations, the authors have produced one of the most important compendiums in applied economics to be published in recent times.

Product Details

ISBN-13:
9780691088747
Publisher:
Princeton University Press
Publication date:
01/21/2002
Series:
Council on Foreign Relations Books
Pages:
480
Product dimensions:
7.12(w) x 10.34(h) x 1.49(d)

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