Innovation and Technical Change

Gerben Bakker

Chapter 25 in An Economist’s Guide to Economic History, 2018, pp 211-222 from Palgrave Macmillan

Abstract: Abstract Developed countries would need an economy three to four times their present size to provide the same outputs but with 1820 technology. This astounding technological advancement demands an explanation. This chapter contrasts three different approaches to the study of innovation across the long run: conceptual, direct and indirect. For each, its author provides important examples from the economics and economic history literatures.

JEL-codes: N70 O14 O31 O34 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-96568-0_25

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DOI: 10.1007/978-3-319-96568-0_25

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