Investment Plannig Towards an Innovative and Sustainable Environment

J. Courvisanos

Working Papers from Tasmania - Department of Economics

Abstract: The "economics" problem arises with the need for investment at high and stable levels to produce long term secure employment (even at reduced hours of work and better income distribution), for it is such investments which engenders economic growth with corresponding threats to the sustainability of the ecosystem. The "technology" problem arises with the need for firms to find ways to harness such innovation that provides stable growth and employment. This paper argues that resolution of the two problems above results in market failure. The paper goes on to develop a behavioral framework of analysis to help resolve the "economics" and "technology" problems in a manner that leads to a "sustainable society".

Keywords: INVESTMENTS; INNOVATIONS; CAPITAL (search for similar items in EconPapers)
JEL-codes: E22 L10 O31 (search for similar items in EconPapers)
Pages: 27 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fth:tasman:1998-04

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