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Technology, Policy, Growth - Theory, Evidence and Interpretation

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  • Jan Fagerberg

    (Centre for Technology, Innovation and Culture, University of Oslo)

Abstract

In recent years the research on the relation between technology and economic growth has flourished. This paper presents a brief overview of different theoretical perspectives in this area; the old orthodox theory (that of Robert Solow and others), more heterodox approaches, and the new orthodox theory (commonly labelled new growth theory). Furthermore, we assess the relationship between these theoretical approaches and applied work on growth and policy.

Suggested Citation

  • Jan Fagerberg, 1996. "Technology, Policy, Growth - Theory, Evidence and Interpretation," Working Papers Archives 1996546, Centre for Technology, Innovation and Culture, University of Oslo.
    • Handle: RePEc:tik:wparch:1996546
    Note: A different version was published as NUPI working paper no.546, March 1996
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    File URL: http://www.tik.uio.no/InnoWP/archive/wpno546-1996.pdf
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    Cited by:

    1. Ghirmai T Kefela, 2012. "China’s expanding engagement in Africa as a global influence," E3 Journal of Business Management and Economics., E3 Journals, vol. 3(4), pages 0147-0154.
    2. Isaque Manteiga Joaquim, 2017. "Theoretical Approach of Science, Technology and Innovation for Economic Growth in Mozambique [Abordagem Teorica Da Ciência, Tecnologia E Inovação E Sua Relaçao Com A Economia De Moçambique]," Post-Print hal-01727106, HAL.
    3. Rosendahl, Knut Einar, 2004. "Cost-effective environmental policy: implications of induced technological change," Journal of Environmental Economics and Management, Elsevier, vol. 48(3), pages 1099-1121, November.

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