Technical Change and Economic Growth Inside the Knowledge Based Economy

• Main Author: Korres, George M
• Format: eBook Book
• Language: English
• Published: Farnham, England ; Burlington, VT Routledge 2008; Taylor and Francis; Ashgate; Taylor & Francis Group
• Edition: 2
• Subjects: 1974; Economic conditions; Economic growth; European Union; European Union countries > Economic conditions; Greece; Greece > Economic conditions > 1974; Industrial Economics; Knowledge management; Macroeconomics; Production functions; Production functions (Economic theory); Technological change; Technological innovations; Technological innovations > Economic aspects > European Union countries; Technological innovations > Economic aspects > Greece; Knowledge Based Economy; MFP Growth; Ic Es; ICT Sector; Information Infrastructure; MFP; Medium High Technology Industries; Oslo Manual; European Innovation Policy; Es Ta; TFP; Multifactor Productivity; High HDI; ICT Manufacturing; Direct Investment Enterprise; International Competitiveness; STAN Database; University Spin Offs; ICT Investment; EU Average; FDI Flow; Gdp PPPs; Te Ch; Ic; Intramural Expenditures
• ISBN: 9781840149920; 1840149922
• DOI: 10.4324/9781315241692

Technological change is not only a determinant of growth but is also a pivotal factor in international competition and the modernization of an economy. In one of the most in-depth and detailed studies of its kind, George Korres analyzes the macroeconomic and the microeconomic factors influencing the economics of innovation and the economic relations between technology, innovation, knowledge and productivity. In particular, this book examines both the theoretical framework and the applications for empirical results. This second edition contributes updated figures and estimations for technical change from EU member states and features new subjects, including growth models, productivity models, production function models and non-parametric models. In one of the most in-depth and detailed studies of its kind, this book captures all the existing contemporary techniques in the theoretical fields as well as the empirical applications of the models. George M. Korres is Associate Professor, Department of Geography at the University of the Aegean, Greece and Visiting Scholar, Institute of Communication Studies at the University of Leeds, UK. Contents: Preface; Knowledge economy and innovation activities: an approach to definitions and measurement; Modelling knowledge economy and innovation activities with the context of new growth theory; Knowledge economy, technical change and productivity growth; Foreign direct investments (FDIs), national system of innovations and the diffusion of knowledge; European innovation policy and regional cohesion; Appendix; Bibliography; Index.