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ECONOMIC GROWTH AND INNOVATION: A SHORT NOTE ABOUT THE EMPIRICAL EVIDENCE

Rafael Myro ()

Revista Galega de Economía, 2010, vol. 19, issue ex

Abstract: This paper explores the links between technical progress and R&D effort in developed countries, a key issue for its economic policy and so open to a permanent debate. In spite of notable advances in the economic growth theory, bringing innovation to a central place, and the spread of empirical contrasts confirming its central hypothesis and widening this analytical field, the factors that transform R&D effort in innovation and then in productivity gains are not well known yet. In this paper some hypothesis are formulated in face to the more recent data.

Keywords: Economic growth; Technical progress; Innovation; R&D policy. (search for similar items in EconPapers)
Date: 2010
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