Posted: June 12th, 2013

Introduction to Economics

Introduction to Economics 1. Schumpeter was the pioneer of the analysis of technical progress on economic growth and development. He looked at both business history and countries’ competitiveness. He is mostly known for having disentangled the role of innovation on firms’ and countries’ competitiveness. (a) What is the difference between ‘invention’ and ‘innovation’?CLICK HERE TO GET MORE………

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