Technology in Growth

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Technology in Growth

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Keely, Louise
Quah, Danny

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Abstract

We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues that property rights matter, but in subtle counterintuitive ways, not yet fully investigated in research on endogenous growth.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1901.

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Date of creation: Jun 1998
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Handle: RePEc:cpr:ceprdp:1901

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Find related papers by JEL classification:
D90 - Microeconomics - - Intertemporal Choice and Growth - - - General
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes

Cited by:
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Alberto Bucci, 2006. "Product Market Competition, R&D Effort and Economic Growth," DEGIT Conference Papers c011_037, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
Other versions:
- Alberto Bucci, 2005. "Product Market Competition, R&D Effort and Economic Growth," UNIMI - Research Papers in Economics, Business, and Statistics 1011, Universitá degli Studi di Milano. [Downloadable!]
Hollanders,Hugo & Soete,Luc & Weel,Bas,ter, 1999. "Trends in Growth Convergence and Divergence and Changes in Technological Access and Capabilities," Research Memoranda 018, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
Quah, Danny, 1999. "The Weightless Economy in Economic Development," CEPR Discussion Papers 2094, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Other versions:
- Quah, D., 1999. "The Weightless Economy in Economic Development," Research Paper 155, World Institute for Development Economics Research.
Alberto BUCCI, 2002. "Market Power, Human Capital and Growth," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2002012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES). [Downloadable!]

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