The Theory of Technological Change and Economic Growth available in Hardcover
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In this wide ranging exposition of the various economic theories of technological change, Stanislaw Gomulka relates them to rates of growth experienced by different economies in both the short and the long term.
Analysis of countries as diverse as Japan, the Soviet Union and the United Kingdom demonstrates that there is an interdependence between technological change and the institutional and cultural characteristics of different countries, which can have a profound effect on their rates of growth.
All of the major, relevant models are discussed, including those of Kuznets and Phelps, but throughout the emphasis is on the creation of a unified theoretical framework to help explain the impact of technological progress on both a micro and a macro scale.
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Table of ContentsPart I: Microeconomics of Invention, Innovation and Diffusion 1. Preliminary Concepts and Relations 2. Incentive Activity: Distinct Characteristics of Nature and Size 3. Major Time-Trends and Cross-Sectional Tendencies; Stylised Facts 4. Market Structure, Rivalry and
Innovation 5. Behavioural and Evolutionary Versus Neoclassical Theory of Technical Choice and Innovation 6. Innovation Diffusion: Theory and Evidence 7. The Behaviour and Innovation Characteristics in Centrally Managed Economies Part II: Macroeconomics of Innovation, Technology
Transfer and Growth 8. Innovative Biases, Factor Substitution, and the Measurement of Technological Change: Definitions and Theory 9. Variation of Innovation Rates among Countries and Over Time: The (First) Hat-Shape Relationship 10. Technological Revolutions as an Innovation
Superwave in the Technology Frontier Area 11. Evidence and Macroeconomics of the International Technology Transfer 12. Macrotheories and Evidence of International Technology Transfer 13. Innovation Rate and Change of Economic Systems: A Grand Scenario 14. Bibliography