The author elaborated and, by a world economic investigation on 131 countries, verified a growth model considering both physical and human capital, as well as time, as the event space of creative economic activity. The main components of the model are the intensity functions using which one can...

The paper is searching for an answer to the question how the British model affected economic development in its mother country, the United Kingdom . The statistical analysis, models of mathematical economics and econometric investigation make it probable to conclude that there was a substantial...