Theories of Growth, Innovation, and Entrepreneurship

Pontus Braunerhjelm and Magnus Henrekson ()

Chapter Chapter 2 in Unleashing Society’s Innovative Capacity, 2024, pp 29-64 from Springer

Abstract: Abstract One of the most important—and most difficult—areas of research in economics concerns the mechanisms that cause higher growth and increased prosperity. Economists base their work on theoretical models that are expected to capture the complex relationships of real-world behavior. Policy conclusions are then derived from these simplified models. However, if a model is based on incorrect or over-simplified assumptions, these conclusions will likely prove to be just as flawed.

Date: 2024
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DOI: 10.1007/978-3-031-42756-5_2

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