Analyzing “Innovation” in economics

Shrey Kakkar

MPRA Paper from University Library of Munich, Germany

Abstract: This article discusses existing theories on “Innovation” since the 1940s. It differentiates between “Innovation” and “Invention”, and presents examples of innovation that are modelled by theory.

Keywords: Innovation; Invention (search for similar items in EconPapers)
JEL-codes: B20 B25 O31 (search for similar items in EconPapers)
Date: 2021-07-31
New Economics Papers: this item is included in nep-cse, nep-his, nep-hme, nep-hpe and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:110209

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