Hidden Bibliographic Details
| ISBN: | 9781441980267 (e-book)
1441980261 (e-book)
9781441980250
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| Notes: | Includes bibliographical references and index.
Description based on print version record.
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| Summary: | Modern economies have undergone a dramatic change. There has been a shift from large scale material manufacturing to the design and application of new technology with R & D and human capital. The new information age has introduced significant productivity gains through increasing returns and learning by doing, which has challenged the traditional growth models based on competitive market structures. Institutions outside the traditional markets and the genetic principle of survival of the fittest have dominated the current theory of industry growth. This book coordinates and integrates the two st.
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| Other form: | Print version: Sengupta, Jatikumar. Understanding economic growth. New York : Springer, c2011 9781441980250
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