This paper raises several issues concerning productivity analysis. An attempt is made to demonstrate the usefulness of a micro-based approach to productivity analysis which challenges some basic assumptions of conventional analyses based on aggregate production functions. With the help of a...

What are the characteristics of an environment that is conducive to technological innovation? In recent years several studies have appeared which have emphasized the comprehensive institutional framework of innovation in various countries. These studies have focused on the institutions and...

What is the relationship between technological innovation and economic growth? In Technological Systems and Industrial Dynamics, this question is answered through an analysis of four ¿technological systems - factory automation, electronics and computers, pharmaceuticals and biotechnology, and...