IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2017i3p94-98.html
   My bibliography  Save this article

Impact of Scientific and Technological Progress on Economic Development - the Views of Some Nobel Laureates of the Economic Science

Author

Listed:
  • Florentina Xhelili KRASNIQI

    (University of Prishtina, Kosovo)

  • Nexhmie Berisha VOKSHI

    (University of Prishtina, Kosovo)

Abstract

There are different authors' opinions and numerous theories according to which scientific technological progress is a determining factor of the economic development. The paper aims to present the contributions of some Nobel laureates to the impact of scientific and technological progress on economic development such as Arrow, Debreu, Hicks, Solow, Kuznets, Kantorovich and Stiglitz. The research results of their contributions show that scientific technological progress is considered as a source of economic development but this advanced technology to be widely and effectively used should be accompanied by such ideological and institutional adjustments that guarantee the reasonable use of innovations produced by the huge improvements of human knowledge.

Suggested Citation

  • Florentina Xhelili KRASNIQI & Nexhmie Berisha VOKSHI, 2017. "Impact of Scientific and Technological Progress on Economic Development - the Views of Some Nobel Laureates of the Economic Science," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 94-98.
    • Handle: RePEc:ddj:fseeai:y:2017:i:3:p:94-98
    as

    Download full text from publisher

    File URL: http://www.eia.feaa.ugal.ro/images/eia/2017_3/Krasniqui_Vokshi.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fseeai:y:2017:i:3:p:94-98. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.