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The study suggests that the long-run evolution of any technologies depend on the interaction with other technologies. This proposed interpretation of the evolution of technology is explained with the concept of technological parasitism, in broad analogy with the evolutionary ecology....
Persistent link: https://www.econbiz.de/10012955599
Population growth is one of the major problems facing the world today because it affects the pattern of sustainable economic growth. Theory of endogenous growth shows that total research output increases faster than proportionally with population due to increases in the size of the market, more...
Persistent link: https://www.econbiz.de/10014137020