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Innovation and Economic Growth
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Economic Articles research papers
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A 4 page paper assessing a broad statement regarding the origin of economic growth, “research and development is the central cause of economic growth.” Adam Smith has been shown to have been correct in nearly all of his statements, and that regarding the natural growth of economies is no different. They have indeed shown themselves to expand over time, but those that have grown to the greatest degree have been those in which there has been great technological change brought about by research and development. The statement, “research and development is the central cause of economic growth,” is one that must be accepted as being true. Bibliography lists 5 sources.
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Pages:
4
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Filename:CC6_KSeconInnov.rtf |
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Paper Title:
Innovation and Economic Growth
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