Research and Development, Innovation, and Economic Growth

Mohammad Ashraf ()

Chapter Chapter 3 in Formal and Informal Social Safety Nets, 2014, pp 31-52 from Palgrave Macmillan

Abstract: Abstract What prompted Galileo Galilei to question the geocentric model of the universe, so much so that he would spend years in prison for this “heresy,” as the Roman Catholic Church at the time would have it? Indeed, what prompted Aristotle, Ptolemy, Copernicus, and many others, before and after them, to spend time and effort to make any such pronouncements, in the first place? Why did it matter? One answer is curiosity: an artifact of the evolved human brain. They wanted to know how the world around them worked. How did the celestial bodies move and what role did they play in the changing of seasons, and much more? They wanted to figure out the laws of nature.

Keywords: Economic Growth; Gross Domestic Product; Innovative Activity; Nobel Laureate; Patent Data (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38874-2_3

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DOI: 10.1057/9781137388742_3

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