Development of Innovation in Economic

Henri Kouam and Kingsley Mua

MPRA Paper from University Library of Munich, Germany

Abstract: This paper presents the theory of innovation in attaining economic sciences. It equally reviews economic literature and investigates creation from different economic models. It begins with analyzing views on classical economics, including Adam Smith and David Ricardo. This is followed by discussions on theory in innovation today, as handled in the knowledge-based economy. Analyzing the achievements in economic thought outlines that innovation's importance and relevance have grown over the last decade.

Keywords: Innovation; Economics; Development; Theory; Economic Growth (search for similar items in EconPapers)
JEL-codes: B1 B12 B22 O3 O40 (search for similar items in EconPapers)
Date: 2023-03-07, Revised 2023-05-13
New Economics Papers: this item is included in nep-gro, nep-his, nep-hpe, nep-knm and nep-pke
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Related works:
Working Paper: Development of Innovation in Economics (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:119162

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