Chapter Round Table comment: From «useful knowledge» to a «culture of growth»

we can state that economically useful knowledge could induce innovations which further deepened and widened this economically useful knowledge; and this cycle was at least one of the decisive factors of raising profitability and, as a final con-sequence, of economic growth becoming obvious in the in...

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Huvudskapare: Denzel, Markus A. (auth)
Materialtyp: Elektronisk Bokavsnitt
Språk:engelska
Publicerad: Florence Firenze University Press 2023
Serie:Datini Studies in Economic History 3
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Sammanfattning:we can state that economically useful knowledge could induce innovations which further deepened and widened this economically useful knowledge; and this cycle was at least one of the decisive factors of raising profitability and, as a final con-sequence, of economic growth becoming obvious in the industrial evolutions in different European and later also non-European countries. To say it more clearly: Innovations did influence economic growth. Cultural and institutional processes, which generated knowledge and human capital, could influence the development of labour productivity. Knowledge did contribute to reduce risks in pre-industrial societies through information, communication, and resilience
Fysisk beskrivning:1 electronic resource (4 p.)
ISBN:979-12-215-0092-9.26
9791221500929
Tillgång:Open Access