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Technology, Innovations and Growth
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Over the last twenty years industrial economies have experienced dramatic changes, as technology, innovations and information networks have rapidly expanded and developed worldwide. This volume presents a new paradigm of growth theory, by examining new theories of technology and innovations affecting modern economic growth. The book explores a comprehensive new theory of innovations extending the Schumpeterian perspective, investigating the impact on high rates of growth in Asia. It discusses the various forms of knowledge diffusion and their empirical basis, and goes on to critically explain the various facets of the dynamic growth miracles in newly industrialised countries, like China, Taiwan, South Korea and recently India, in terms of efficiency and productivity gains. This book is essential reading for all interested in industrial economics, economic growth and development economics.
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