New Perspectives on Economic Growth and Technological Innovation

By F. M. Scherer | Go to book overview

7
Conclusion

ECONOMIC GROWTH has bestowed a remarkable bounty on citizens of the world's industrialized nations. If anything, the growth of real income per capita has been more rapid during the past half century for most developed and developing nations than it was in earlier periods. Can progress be sustained at anything like the rates experienced since World War II by nations near the technological frontier? Or will a retardation of growth be imposed by diminishing returns--if not on land and in using the earth's mineral products, then on investment and the technological innovations that enhance its productivity, or on the earth's ability to absorb the environmental byproducts of progress?

This book has emphasized technological change as the most crucial dynamic force leading to economic growth. A key question for the future, therefore, is whether a brisk pace of technological advance can be sustained. 1

There is a centuries-old tradition of gazing with wonder at recent technological achievements, surveying the difficulties that seem to

-119-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
New Perspectives on Economic Growth and Technological Innovation
Table of contents

Table of contents

  • Title Page iii
  • Preface v
  • Contents ix
  • 1 - Introduction 1
  • 2 - Traditional Views of Economic Growth 7
  • 3 - The Transition to New Paradigms 25
  • 4 - Interim Evaluation 49
  • 5 - Investing in Technological Innovation 53
  • 6 - Human Capital 89
  • 7 - Conclusion 119
  • Notes 129
  • Index 149
  • British-North American Committee 159
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen
/ 172

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.