Title: Technology, institutions, and economic growth
First published: 2005
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 alternative 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."--Jacket.
Subjects: Economic aspects of Technology, Economic development, Institutional economics, Technology, Economic aspects, Technology and state, Technological innovations, united states, United states, economic policy
LC classification: HD75 .N455 2005