An exploration of the term 'Research and Development (R&D)', focusing on its definition, historical context, major analytical frameworks, and case studies.
The take-up of new technology by firms or consumers linked to economic growth.
A model of economic growth driven by quality-improving innovations that make old technologies or products obsolete.
The spreading of innovations round the economy, and between countries.
Improvements in technical knowledge that increase output without needing new equipment investments.
Improvements in technical knowledge exploited through investment in new equipment.
Economic growth where the growth rate is determined by the choices of economic agents.
A theory outlining the adaptive behavior and survival of firms through an evolutionary process, focusing on innovation and natural selection.
An in-depth look at the concept of factor-augmenting technical progress in economics, exploring its definition, historical context, and various analytical frameworks.
Exploring the economic application of new ideas, including product, process, and business organization innovations.
A detailed exploration of the term 'invention' in the context of economics, including its background, historical context, major analytical frameworks, and related concepts.
A legal device to encourage and reward invention by giving exclusive rights to inventors.
Definition and explanation of process innovation in Economics
An in-depth look at the concept of product innovation and its impact on economic growth.
Dictionary entry for Research and Development (R&D) in economics
The transfer of techniques from countries where they are more advanced to other countries where they are less advanced.
