The Role of Technological Change in United States Economic Growth

1980 ◽  
pp. 133-145
Author(s):  
Edwin Mansfield
Keyword(s):  
United States ◽  
Economic Growth ◽  
Technological Change

Introduction

2020 ◽  
pp. 1-30
Author(s):  
B. Zorina Khan
Keyword(s):  
United States ◽  
Economic Growth ◽  
Technological Change ◽  
Knowledge Economy ◽  
The United States ◽  
Men And Women ◽  
Modern Knowledge ◽  
Wealth Of Nations

Knowledge and ideas, incentives, and institutions are central for understanding technological change and long-term economic growth. This book bridges the current disconnect between the economics of technological change and the analysis of institutions. The discussion draws on detailed information about the experience of over one hundred thousand ingenious men and women in Britain, France, and the United States, whose inventions helped to create the modern knowledge economy. These results overturn longstanding myths of invention about elites, innovation prizes, and “entrepreneurial states,” and instead highlight the pivotal role of property rights and markets in ideas in explaining technological progress and the wealth of nations.

INTELLECTUAL PROPERTY PROTECTION, ENTREPRENEURSHIP, AND ECONOMIC GROWTH

1996 ◽  
Vol 04 (03) ◽  
pp. 267-285
Author(s):  
FRANCIS W. RUSHING ◽  
MARK A. THOMPSON
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Research And Development ◽  
Technological Change ◽  
New Technologies ◽  
Intellectual Property Protection ◽  
Economic Literature ◽  
The Third ◽  
The Impact

This paper brings together the importance of intellectual property protection (IPP) and entrepreneurship in economic growth. The paper surveys the economic literature on what factors are important to growth. The focus is on recent models of endogenous growth which reflect on the role of investment, technological change and education. Secondly, publications, which measure the impact of IPP on some of the growth elements identified are reviewed. The third section deals with IPP and the entrepreneur as an important agent and facilitator of growth. It discusses the nature of IPP as an incentive in not only stimulating the development of new technologies and processes but also the dissemination of existing technologies. Using the surveys as background, short case studies for India and Brazil are presented on IPP as a stimulus and application of research and development. The last section summarizes the previous sections and draws some conclusions with respect to policy.

Defense spending, technological change, and economic growth in the United States

1993 ◽  
Vol 4 (3) ◽  
pp. 259-269 ◽  
Author(s):  
Michael J. Mueller ◽  
H. Sonmez Atesoglu
Keyword(s):  
United States ◽  
Economic Growth ◽  
Technological Change ◽  
The United States ◽  
Defense Spending

Una lettera italiana di J.A. Schumpeter

1983 ◽  
Vol 1 (3) ◽  
pp. 199-207
Author(s):  
Domenico da Empoli
Keyword(s):  
United States ◽  
Economic Growth ◽  
New Deal ◽  
Modern Society ◽  
The United States ◽  
The Future ◽  
The Subject ◽  
The New Deal

Abstract This article refers to a letter written in 1931 by J. A. Schumpeter to an Italian professor, Celestino Arena, on the subject of the Italian edition of the Theory of Economic Growth.1931 was the last year spent by Schumpeter in Europe. The year after, he moved from Germany to the United States, where the New Deal environment would have profoundly changed his views about the role of the entrepreneur in modern society and, by consequence, about the future of capitalism.

The Role of the Railroads in United States Economic Growth

1963 ◽  
Vol 23 (4) ◽  
pp. 477-521 ◽  
Author(s):  
Paul H. Cootner
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic History ◽  
The United States ◽  
History Of

The railroads played an important role in the economic history of the United States. It was an epic role, involving enterprise on a grand scale, evoking heated passions, and rich in anecdote and drama.

scholarly journals The Growth Conundrum: Paul Romer’s Endogenous Growth

2019 ◽  
Vol 12 (10) ◽  
pp. 75
Author(s):  
Daniele Schilirò
Keyword(s):  
Economic Growth ◽  
Technological Change ◽  
Endogenous Growth ◽  
Decisive Role ◽  
Primary Role ◽  
Research Activity ◽  
Present Contribution ◽  
Endogenous Growth Theory ◽  
New Ideas

The explanation and causes of economic growth, the problem of convergence of per capita income among different economies, the low productivity growth in many advanced economies, and the presence of disrupting technological innovations remain at the center of the debate among economists. The present contribution analyzes the endogenous growth theory of Paul Romer and discusses its features and content through Romer’s main works on the topic. This study on Romer’s work highlights the existence and importance of increasing returns in the process of growth, the key role of knowledge, the ideas as non-rival goods, the existence of externalities, the endogeneity of technological change, and the primary role of human capital, especially in research activity. Institutions, such as property rights are important as well. The state also has a decisive role in education and the research sector. Another relevant aspect is that economic growth and technological change are closely interconnected; they cannot be separated. Romer’s theory of endogenous technological change ties the development of new ideas and economic growth to the number of people working in the knowledge sector. New ideas, being non-rival and partially excludable, are fundamental for growth since they make everyone producing physical goods and services more productive. Finally, Romer’s endogenous growth highlights the factors that provide incentives for knowledge creation; thus, his theory can also be considered a significant contribution to the theory of the knowledge-based economy.

scholarly journals Innovation without growth: Frameworks for understanding technological change in a post-growth era

Organization ◽  
2020 ◽  
pp. 135050842097363
Author(s):  
Mario Pansera ◽  
Mariano Fressoli
Keyword(s):  
Economic Growth ◽  
Technological Change ◽  
Social Organization ◽  
Technological Development ◽  
Economic Models ◽  
Future Generations ◽  
Technological Determinism ◽  
Bottom Up ◽  
Socially Constructed

The feasibility and desirability of endless economic growth is being increasingly questioned by scholars and activists. Whilst envisioning alternative economic models is key to assure the sustainability and wellbeing of present and future generations, few studies have analysed what might be the role of ‘innovation’ in a post-growth era. Innovating has become an imperative for the survival and expansion of any form of organisation. But this ‘innovate or die mania’ underpins assumptions – such as technological determinism and productivism – that neglect the socially constructed character of technological development, its politics and its capacity to enable (or disable) just and equitable societies. In this paper we posit that untangling innovation from growth is key to imagine a post-growth era. We show how alternative bottom up initiatives, promoted by a variety of different organizational forms, have challenged mainstream ideas about innovation and growth. These experiments provide a glimpse into what ‘innovation without growth’ could mean in terms of technology and social organization. We conclude by proposing new paths in research aimed at exploring under which conditions post-growth-oriented organizations can flourish and diffuse.

Economic Growth in a Transfer Society: The United States Experience

1981 ◽  
Vol 41 (1) ◽  
pp. 113-119 ◽  
Author(s):  
Terry L. Anderson ◽  
P. J. Hill
Keyword(s):  
United States ◽  
Economic Growth ◽  
The United States ◽  
Productive Activity ◽  
States Experience

Economic growth occurs when individuals of a society engage in productive, positive-sum games. Conventional measures of growth, however, include measures of positive- and negative-sum games. This paper establishes a framework for distinguishing between productive (positive-sum) and transfer (negative-sum) activity. The role of the Constitution in promoting productive activity is discussed.

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