Technological Change, Knowledge Creation, and Growth

Gabriele Tondl
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Gabriele Tondl: Wirtschaftsuniversität

Chapter 7 in Convergence After Divergence? Regional Growth in Europe, 2001, pp 231-254 from Springer

Abstract: Abstract Innovation and human capital are important factors enabling endogenous growth. The importance of knowledge is stressed by (1993), who points out that income and growth differences are a result of idea gaps and not of object gaps, i.e. physical capital accumulation. (1998) stressed that changes in educational attainment and the world-wide increase in research intensity can explain 70 per cent of US growth between the 1960s and 1990s.

Date: 2001
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DOI: 10.1007/978-3-7091-6219-4_7

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