An analysis to achieved approaches and institutional environment of technical progress
Han Guo
Abstract
Han Guo
Abstract
The article starts on achieved approaches of technical progress and demonstrates the point that incentive mechanism and a series of intitutional enviroment,which are benefit to technical progress,have to be established if an economic society wants to form a good cycle from technical inputs to technical progress and to economic growth.
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The article starts on achieved approaches of technical progress and demonstrates the point that incentive mechanism and a series of intitutional enviroment,which are benefit to technical progress,have to be established if an economic society wants to form a good cycle from technical inputs to technical progress and to economic growth.
Key concepts: Technical progress, Incentive, Technical change, Point (geometry), Mechanism (biology), Technical analysis, Economics, Risk analysis (engineering)