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Innovation Dynamism and Economic Growth

A Nonlinear Perspective

Innovation Dynamism and Economic Growth by M. Hirooka
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‘I think this book is a great achievement. It is packed with useful information and thought-provoking analysis and discussion. The work on technological development is, especially, a very valuable original contribution to the work in this field. The book illuminates the technological trajectory so often ignored by economists, but which underlies Schumpeter’s "clusters" of innovations, and the emphasis on trunk innovations and analysis of their role is of particular interest.’ Christopher Freeman, SPRU – Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The Netherlands This pathbreaking book addresses the economics of technological change as revealed by a unique methodology that uncovers the true nature of technological development. Masaaki Hirooka bases this new approach to the economics of technological change on recognition of the nonlinear dynamic nature of innovation.
Edward Elgar Publishing; January 2006
436 pages; ISBN 9781845428860
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Title: Innovation Dynamism and Economic Growth
Author: M. Hirooka