Keely, Louise C and Quah, Danny (1998) Technology in growth. CEP discussion paper; CEPDP0391, 391. Centre for Economic Performance, London School of Economics and Political Science, London, UK.Full text not available from this repository.
We review the role of R&D in endogenous growth theory, and describe extant empirical research macro and micro bearing on R&D as an engine of growth. Taking R&D to be key while recognizing the significance of economic incentives emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues that property rights matter, but in subtle counterintuitive ways not yet fully investigated in research on endogenous growth.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1998 the authors|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
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