Abstract
During the past few decades, the interest of economists in the sources of long run economic growth has led an increasing number to focus their attention on the role of innovation in creating that growth. Although some researchers have always been interested in this topic, in the last few years many others have recognized the central role played by innovation in almost all spheres of economic activity. Taking a somewhat U.S.-centric perspective, one can probably date the origins of the mainstream development of this research agenda from Solow’s (1957) «discovery» of the importance of the «residual» in aggregate productivity growth and Nelson’s (1959) and Arrow’s (1962) influential papers on the economics of knowledge creation.
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Encaoua, D., Hall, B.H., Laisney, F., Mairesse, J. (2000). Overview. In: The Economics and Econometrics of Innovation. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-3194-1_1
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DOI: https://doi.org/10.1007/978-1-4757-3194-1_1
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