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Technology, Growth, and Development: An Induced Innovation Perspective

Author

Listed:
  • Ruttan, Vernon W.

    (University of Minnesota)

Abstract

Technology, Growth and Development places the process of technical change firmly within the context of modern growth theory. It goes beyond conventional growth theory in its emphasis on both induced technical and institutional change. The rate and direction of technical change is viewed as induced by changes in relative resource endowments and by institutional innovations such as the modern research university and the industrial research laboratory. The economic and institutional sources of technical change are analysed for a series of general purpose technologies in five industries - the agricultural, electric power, chemical, computer, and biotechnology industries. A final section is devoted to issues of technology policy, including competitiveness, the environment, the U.S science and technology policy, and the transition to sustainable growth at the global level.

Suggested Citation

  • Ruttan, Vernon W., 2000. "Technology, Growth, and Development: An Induced Innovation Perspective," OUP Catalogue, Oxford University Press, number 9780195118711.
    • Handle: RePEc:oxp:obooks:9780195118711
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    Citations

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    Cited by:

    1. I. Omosebi Ayeomoni & Saheed A. Aladejana, 2016. "Agricultural Credit and Economic Growth Nexus. Evidence from Nigeria," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(2), pages 146-158, April.
    2. Singh, Anuraag & Triulzi, Giorgio & Magee, Christopher L., 2021. "Technological improvement rate predictions for all technologies: Use of patent data and an extended domain description," Research Policy, Elsevier, vol. 50(9).
    3. Adnan, Nadia & Nordin, Shahrina Md & Anwar, Abdullah, 2020. "Transition pathways for Malaysian paddy farmers to sustainable agricultural practices: An integrated exhibiting tactics to adopt Green fertilizer," Land Use Policy, Elsevier, vol. 90(C).
    4. Fernandes, Leonardo H.S. & de Araújo, Fernando H.A. & Silva, Igor E.M. & Neto, Jusie S.P., 2021. "Macroeconophysics indicator of economic efficiency," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 573(C).
    5. Raaj Kishore Biswas & Enamul Kabir & Refat Bin Reza Rafi, 2019. "Investment in Research and Development Compared to Military Expenditure: Is Research Worthwhile?," Defence and Peace Economics, Taylor & Francis Journals, vol. 30(7), pages 846-857, November.
    6. Anuraag Singh & Giorgio Triulzi & Christopher L. Magee, 2020. "Technological improvement rate estimates for all technologies: Use of patent data and an extended domain description," Papers 2004.13919, arXiv.org.
    7. Triulzi, Giorgio & Alstott, Jeff & Magee, Christopher L., 2020. "Estimating technology performance improvement rates by mining patent data," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    8. Pearson, R.J. & Costley, A.E. & Phaal, R. & Nuttall, W.J., 2020. "Technology Roadmapping for mission-led agile hardware development: a case study of a commercial fusion energy start-up," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    9. Agyemang Rama & Bekolo Ngoa Celestin & Shuangying Chen & Konan Martin, 2022. "Assessment of Eco-Innovation Drivers within the Informal Sector in Ghana," Sustainability, MDPI, vol. 14(11), pages 1-19, June.
    10. Xue Qu & Daizo Kojima & Laping Wu & Mitsuyoshi Ando, 2022. "Do Farming Scale and Mechanization Affect Moral Hazard in Rice Harvest Outsourcing Service in China?," Agriculture, MDPI, vol. 12(8), pages 1-12, August.
    11. Ansari, S. A. & Khan, W., 2018. "Relevance of Declining Agriculture in Economic Development of South Asian Countries: An Empirical Analysis," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 10(2).
    12. Adnan, Nadia & Nordin, Shahrina Md & bin Abu Bakar, Zulqarnain, 2017. "Understanding and facilitating sustainable agricultural practice: A comprehensive analysis of adoption behaviour among Malaysian paddy farmers," Land Use Policy, Elsevier, vol. 68(C), pages 372-382.

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