Technology in the Developed Economy

J. K. Galbraith
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J. K. Galbraith: Harvard University

Chapter 2 in Science and Technology in Economic Growth, 1973, pp 39-58 from Palgrave Macmillan

Abstract: Abstract Few things have been more interesting in the last decade than the revision of public attitudes toward technical innovation in the United States and other industrial countries. Until very recent times it was, in all countries, a nearly absolute social good. The word invention was, for all practical purposes, synonymous with progress. The scientist and engineer, the sources of such innovation, were prime social benefactors. The encouragement of technical innovation was a central function of the modern state.

Keywords: Public Good; Public Interest; Process Innovation; Product Innovation; Technical Innovation (search for similar items in EconPapers)
Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-01731-7_2

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DOI: 10.1007/978-1-349-01731-7_2

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