Growth, Convergence, and the Co-evolution of Institutions and Technology

Growth, Convergence, and the Co-evolution of Institutions and Technology PDF Author: Desiree Desierto
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 500

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Growth, Convergence, and the Co-evolution of Institutions and Technology

Growth, Convergence, and the Co-evolution of Institutions and Technology PDF Author: Desiree Desierto
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 500

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Technology differences, institutions and economic growth

Technology differences, institutions and economic growth PDF Author: Hervé Boulhol
Publisher:
ISBN:
Category :
Languages : fr
Pages :

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The Co-evolution of Institutions and Technology

The Co-evolution of Institutions and Technology PDF Author: Desiree Desierto
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 33

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The Coevolution of Technology, Industrial Structure, and Supporting Institutions

The Coevolution of Technology, Industrial Structure, and Supporting Institutions PDF Author: Richard R. Nelson
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 88

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A Model of Growth Through Creative Destruction

A Model of Growth Through Creative Destruction PDF Author: Philippe Aghion
Publisher: London : Department of Economics, University of Western Ontario
ISBN: 9780771411168
Category : Economic development
Languages : en
Pages : 0

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Book Description
This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive and normative implications for growth. In positive terms, the prospect of a high level of research in the future can deter research today by threatening the fruits of that research with rapid obsolescence. In normative terms, obsolescence creates a negative externality from innovations, and hence a tendency for laissez-faire economies to generate too many innovations, i.e too much growth. This "business-stealing" effect is partly compensated by the fact that innovations tend to be too small under laissez-faire. The model possesses a unique balanced growth equilibrium in which the log of GNP follows a random walk with drift. The size of the drift is the average growth rate of the economy and it is endogenous to the model ; in particular it depends on the size and likelihood of innovations resulting from research and also on the degree of market power available to an innovator.

The Coevolution of Human Potential and Converging Technologies

The Coevolution of Human Potential and Converging Technologies PDF Author: Mihail C. Roco
Publisher:
ISBN:
Category : Computers
Languages : en
Pages : 280

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Book Description
The convergence of nanoscience, biotechnology, information technology, and cognitive science (NBIC) offers immense opportunities for the improvement of human abilities, social outcomes, the nation's productivity, and its quality of life; it also represents a major new frontier in research and development. This conclusion was reached at a December 2001 workshop held by the National Science Foundation and the Department of Commerce in which leading experts from government, the academic research community and the private sector explored the nature and size of the potential opportunities in NBIC convergence. The report that resulted from this workshop, asserting that NBIC convergence is a broad, cross-cutting, emerging and timely opportunity of interest to individuals, society and humanity in the long term, recommended that an R&D initiative focusing on enhancing human performance (while governed by respect for human welfare and dignity) should become a national priority. The NBIC Convergence 2003 conference was organized as a first step in realizing the vision of this report. In this volume, a panel of nationally recognized experts analyzes the opportunities NBIC convergence prese

The Growth Report

The Growth Report PDF Author: Commission on Growth and Development
Publisher: World Bank Publications
ISBN: 0821374923
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Knowledge and Competitive Advantage

Knowledge and Competitive Advantage PDF Author: Johann Peter Murmann
Publisher: Cambridge University Press
ISBN: 9780521813297
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
A comparison of the development of the synthetic dye industry in Europe and the US.

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Introduction to Modern Economic Growth

Introduction to Modern Economic Growth PDF Author: Daron Acemoglu
Publisher: Princeton University Press
ISBN: 1400835771
Category : Business & Economics
Languages : en
Pages : 1009

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Book Description
Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come. Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis Focuses on the big-picture questions of economic growth Provides mathematical foundations Presents dynamic general equilibrium Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: http://press.princeton.edu/titles/8970.html. For Professors only: To access a complete solutions manual online, email us at: [email protected]