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The free-market innovation machine : analyzing the growth miracle of capitalism /
Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capita...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Princeton, NJ :
Princeton University Press,
[2004, 2002]
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| Edición: | First pbk. [edition]. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Introduction : the engine of free-market growth
- The "somewhat optimal" attributes of capitalist growth : oligopolistic competition and routinization of innovation
- Oligopolistic rivalry and routinization to reduce uncertainty
- Oligopolistic rivalry and routine innovation spending : theory of the engine of unprecedented capitalist growth
- Independent innovation in history : productive entrepreneurship and the rule of law
- Voluntary dissemination of proprietary technology : private profit, social gain
- Oligopolistic rivalry and markets for technology trading
- Tradeoff : innovation incentives versus benefits to others (distributive externalities)
- Oligopolistic competition, pricing, and recoupment of innovation outlays
- Microeconomic theory of industrial organization in the "innovation-machine" economy
- Recouping innovation outlays and pricing its products : continued
- Models of optimal timing of innovation
- Licensing for profit : efficiency implications
- Capitalism's unique innovation machine : historical evidence
- Macroeconomic models and relationships that may limit growth
- Feedback : innovation as a self-nourishing process.