Education and Innovation-Driven Growth

Angus Chu and Pietro F. Peretto

Chapter 9 in Human Origins and Evolution in a Malthusian Economy, 2025, pp 95-110 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The previous chapter considers the emergence of a market structure of monopolistic competition in the early phase of the industrial era, in which the increasing returns to scale in industrial production enables the economy to escape from the agricultural Malthusian trap. During the later phases of the industrial era, education and innovation become important because “enhanced human capital facilitated furthertechnological advancement.” Therefore, this chapter explores how education and the accumulation of human capital affect the emergence of innovation and technological progress…

Keywords: Human Origins; Human Evolution; Malthusian Growth Theory; Natural Selection; Human Brain Size Evolution; Prehistoric Human Migration; Migration Out of Africa; Extinction of Archaic Humans; Neolithic Revolution; Political Fragmentation and Unification; Industrial Revolution; Technological Progress; Innovation; Education (search for similar items in EconPapers)
JEL-codes: D64 J11 N10 O10 (search for similar items in EconPapers)
Date: 2025
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