Christine Greenhalgh explains the complex process of innovation & how it sustains the growth of firms, industries …

What drives innovation? How does it contribute to the growth of firms, industries, and economies? And do intellectual … property rights help or hurt innovation and growth? Uniquely combining microeconomics, macroeconomics, and theory with … to the complex process of innovation. By addressing all the major dimensions of innovation in a single text, Christine …

realistic dispersion of income levels with modest barriers to technology adoption. Human capital and physical capital contribute … to income differences both directly (as usual), and indirectly by boosting resources devoted to technology adoption. The … model implies that most of income above subsistence is made possible by international diffusion of knowledge. …