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Development of Innovation in Economics

Henri Kouam and K Mua

MPRA Paper from University Library of Munich, Germany

Abstract: This theory presents the theory of innovation in the attainment of economic sciences. It equally reviews economic literature and investigates innovation from different economic models. It first begins with the analysis of views on classical economics, including Adam Smith and David Ricardo. This is followed by discussions on theory in innovation today, as handled in the knowledge-based economy. Analyzing the achievements in economic thought outlines that innovation's importance and relevance has grown over the last decade.

Keywords: Innovation; Economic Growth; Progress; Economic Models (search for similar items in EconPapers)
JEL-codes: O11 O31 O33 O34 O4 O40 (search for similar items in EconPapers)
Date: 2023-02-06, Revised 2023-06-08
New Economics Papers: this item is included in nep-gro, nep-his, nep-hpe, nep-knm and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
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Published in Open Access Library Journal 6.10(2023): pp. 1-10

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https://mpra.ub.uni-muenchen.de/118020/1/MPRA_paper_118020.pdf original version (application/pdf)

Related works:
Working Paper: Development of Innovation in Economic (2023) Downloads
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