2001•Unpublished venueRequires access
A Study of Intrinsic Econmic Growth Model Including Two Kinds of Scientific and Technological Innovation
Lei Qin-li
Open publisher page 0 citations
Abstract
The paper discusses an intrinsic growth model with two kinds of innovations.The model shows that both innovation of expanding the quantity of products and innovation of improving the quality of products are the source of long run economic growth.The reason is that innovation not only creates supply,but also creates demand simultaneously.\;