Innovation and Growth in the Global Economy

Author: Grossman
Publisher:
Publish Date: 2003-01-01
Features: This book is a landmark work in international economics from the 1990s. Both authors are prominent figures in the field of international economics: one is Professor Grossman from Princeton University, and the other is Professor Helpman from Harvard University. The theme of the book is to explore the connections between trade, technological innovation, and economic growth in the context of the global economy. It was the first to bridge three rapidly developing branches of economics: industrial organization theory, new growth theory, and new trade theory. The book analyzes the long-term impact of international technological competition on specialization and international trade, as well as how international technological competition affects technological progress and economic growth in countries. It also focuses on analyzing the influence of imitation activities in developing countries on technological innovation in developed countries. The book is logically rigorous, methodologically innovative, and systematically introduces cutting-edge research on the theme of innovation and growth in the global economy over the past 20 years.