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A framework is developed with what we call technology capital. A country is a measure of locations. Absent policy … constraints, a firm owning a unit of technology capital can produce the composite output good using the unit of technology capital … is what constrains the number of units it operates using this unit of technology capital. If it has two units of …
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basically depends on material and relational goods, we show that the best-case scenarios hold when technology and social capital … technology and social interaction balance one another in fostering the growth of both the social and the private sector of the … economy. Along such tracks, technology may play a crucial role in supporting a “socially sustainable” economic growth …
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