...A.J.C. Manders; Y.S. Brenner Combines theory with practice, based on experiences rather than philosophical speculation. The question posed is whether technological innovation must be regarded as an exogenous or endogenous variable in economic models. Neoclassical economics, even in such modified...

..., to fish, to amphibians, to reptiles and on to mammals. Development Economic growth National cultures Technological innovation USSR Viewed from an “economic perspective”, and to “...accept the fact that economic change has social, political and cultural consequences for whole societies...

... systems Economic theory Income Social economics Technological innovation Unemployment Wealth In the standard paradigm of orthodox economics, resource endowments determine personal wealth and personal income distribution. These endowments are taken as “given” exogenous variables, at least...

... by technology and redefined by every technological innovation. Therefore, technological innovation can create new resources and can transform resistances into resources by teaching man how to use environmental features which were previously useless. Technological progress becomes the basis of unlimited economic...