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industry and employment. These relationsprovide the building blocks of a new industrial policy. The articles areincluded in … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … inevitabletradeoff between greater employment but at the sacrifice of lower wages on theone hand, versus the maintenance of wages and …
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This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United States over the last 150 years. Accor-ding to the "new growth theory," investments in knowledge and human capital ge-nerate economic growth via spillovers of knowledge. But the...
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