Joseph Schumpeter can be regarded as one of the most creative and influential economists of the 20th century. This influence has increased significantly since his death in 1950. Schumpeter addressed the central question of how some societies have managed to achieve substantial improvements in material wellbeing. His answer to wellbeing, with its emphasis on conditions favouring innovation, has become more persuasive charting world history from 1945. Nathan Rosenberg argues that today Schumpeter speaks to the economics profession in an authoritative way for another reason.
Joseph Schumpeter can be regarded as one of the most creative and influential economists of the 20th century. This influence has increased significant...
Schumpeter's work developed the notion of the endogeneity of technology, and offered illuminating historical analyses of how and why some social systems have managed to generate innovation. This work explores Schumpeter's central ideas, and examines the ways in which the concept of endogeneity can illuminate American economic history.
Schumpeter's work developed the notion of the endogeneity of technology, and offered illuminating historical analyses of how and why some social syste...
How did the West--Europe, Canada, and the United States--escape from immemorial poverty into sustained economic growth and material well-being when other societies remained trapped in an endless cycle of birth, hunger, hardship, and death? In this elegant synthesis of economic history, two scholars argue that it is the political pluralism and the flexibility of the West's institutions--not corporate organization and mass production technology--that explain its unparalleled wealth.
How did the West--Europe, Canada, and the United States--escape from immemorial poverty into sustained economic growth and material well-being when ot...
Economists have long treated technological phenomena as events transpiring inside a black box and, on the whole, have adhered rather strictly to a self-imposed ordinance not to inquire too seriously into what transpires inside that box. The purpose of Professor Rosenberg's work is to break open and examine the contents of the black box. In so doing, a number of important economic problems be powerfully illuminated. The author clearly shows how specific features of individual technologies have shaped a number of variables of great concern to economists: the rate of productivity improvement,...
Economists have long treated technological phenomena as events transpiring inside a black box and, on the whole, have adhered rather strictly to a sel...
Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the importance of a historical perspective in understanding the role of technological innovation in the economy. The authors examine key episodes and institutions in the development of the U.S. research system and in the development of the research systems of other industrial economies. They argue that the large potential contributions of economics to the understanding of technology and economic growth have been constrained by the narrow theoretical...
Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the i...
This book presents a unique account of how technological change is generated and the processes by which improved technologies are introduced into economic activity. The central theme of the book is the idea that technological changes are often "path dependent": their form and direction tend to be influenced strongly by the particular sequence of earlier events out of which a new technology has emerged. Individual chapters explore the particular features of new technologies in different historical and sectoral contexts.
This book presents a unique account of how technological change is generated and the processes by which improved technologies are introduced into econ...
The first digital electronic computer, the ENIAC, was over 100 feet long, with 18,000 simultaneously functioning vacuum tubes. Now virtually every business and home in America has its own compact PC. In 1903 the Wright brothers' airplane, held together with baling wire and glue, traveled a couple hundred yards. Today fleets of streamlined jets transport millions of people per day to cities worldwide. Between discovery and application, between invention and widespread use, there is a world of innovation, of tinkering and improvements and adaptations. This is the world David Mowery and Nathan...
The first digital electronic computer, the ENIAC, was over 100 feet long, with 18,000 simultaneously functioning vacuum tubes. Now virtually every bus...
This book presents a unique account of how technological change is generated and the processes by which improved technologies are introduced into economic activity. The central theme of the book is the idea that technological changes are often "path dependent": their form and direction tend to be influenced strongly by the particular sequence of earlier events out of which a new technology has emerged. Individual chapters explore the particular features of new technologies in different historical and sectoral contexts.
This book presents a unique account of how technological change is generated and the processes by which improved technologies are introduced into econ...
For many years it was assumed that technology transfer would prove an unqualified answer for the problems of the developing nations, vastly simplifying and accelerating their rate of economic development. The papers in this volume question these assumptions demonstrating how technology transfer can be very costly and that success is contingent upon a variety of factors including, the direction of indigienous technology and the political setting of the recipient country.
For many years it was assumed that technology transfer would prove an unqualified answer for the problems of the developing nations, vastly simplif...