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Financing the Generation of New Science and Technology

In: Science and Technology in Economic Growth

Author

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  • A. Nussbaumer

    (University of Vienna)

Abstract

Science and technology represent one of the most important sources of economic growth, together with the accumulation of capital and the formation of human capital. Their generation may even be considered a prerequisite for the application of other factors of growth, since science and technology affect not only the technological processes involved but also the possible objectives of production to be realised by factor input.

Suggested Citation

  • A. Nussbaumer, 1973. "Financing the Generation of New Science and Technology," International Economic Association Series, in: B. R. Williams (ed.), Science and Technology in Economic Growth, chapter 7, pages 169-198, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-01731-7_7
    DOI: 10.1007/978-1-349-01731-7_7
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