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<meta content="One of the striking features of the economics of both development and growth, both in the mainstream and its self-styled heterodox alternatives, is a resolute failure to take account of some key empirical and historical characteristics of the world we live in. The major problem seems to be an inability to look clearly at the structures of production and learning that actually characterise growing economies. This failure takes two forms. On the one hand there is an approach, popular in treasuries and finance ministries, that conducts economic analysis at a highly aggregated level. This in effect erases industries and sectors by treating the economy as a one-sector operation that produces one output (an output that is labelled 'GDP'). On the other hand, there is a sectoral and industrial approach that focuses on a small number of industries and technologies that are held to 'drive' economic growth. " name="DC.description" />
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<h1 class="ep_tm_pagetitle">Innovation and growth in resource-based economies</h1>
<p style="margin-bottom: 1em" class="not_ep_block"><span class="person_name">Smith, Keith</span> (2007) <xhtml:em>Innovation and growth in resource-based economies.</xhtml:em> CEDA Growth (58). pp. 50-57. ISSN 0085-1280</p><p style="margin-bottom: 1em" class="not_ep_block"></p><table style="margin-bottom: 1em" class="not_ep_block"><tr><td valign="top" style="text-align:center"><a onmouseover="EPJS_ShowPreview( event, 'doc_preview_1864' );" href="http://eprints.utas.edu.au/1457/1/CEDA_Growth_58.pdf" onmouseout="EPJS_HidePreview( event, 'doc_preview_1864' );"><img alt="[img]" src="http://eprints.utas.edu.au/style/images/fileicons/application_pdf.png" class="ep_doc_icon" border="0" /></a><div class="ep_preview" id="doc_preview_1864"><table><tr><td><img alt="" src="http://eprints.utas.edu.au/1457/thumbnails/1/preview.png" class="ep_preview_image" border="0" /><div class="ep_preview_title">Preview</div></td></tr></table></div></td><td valign="top"><a href="http://eprints.utas.edu.au/1457/1/CEDA_Growth_58.pdf"><span class="ep_document_citation">PDF</span></a> - Requires a PDF viewer<br />987Kb</td></tr></table><p style="margin-bottom: 1em" class="not_ep_block">Official URL: <a href="http://ceda.com.au/public/publications/growth/growth_58.html">http://ceda.com.au/public/publications/growth/growth_58.html</a></p><div class="not_ep_block"><h2>Abstract</h2><p style="padding-bottom: 16px; text-align: left; margin: 1em auto 0em auto">One of the striking features of the economics of both development and growth, both in the mainstream and its self-styled heterodox alternatives, is a resolute failure to take account of some key empirical and historical characteristics of the world we live in. The major problem seems to be an inability to look clearly at the structures of production and learning that actually characterise growing economies. This failure takes two forms. On the one hand there is an approach, popular in treasuries and finance ministries, that conducts economic analysis at a highly aggregated level. This in effect erases industries and sectors by treating the economy as a one-sector operation that produces one output (an output that is labelled 'GDP'). On the other hand, there is a sectoral and industrial approach that focuses on a small number of industries and technologies that are held to 'drive' economic growth. </p></div><table style="margin-bottom: 1em" cellpadding="3" class="not_ep_block" border="0"><tr><th valign="top" class="ep_row">Item Type:</th><td valign="top" class="ep_row">Article</td></tr><tr><th valign="top" class="ep_row">Keywords:</th><td valign="top" class="ep_row">innovation; economic growth; resource-based economies; GDP; ICT</td></tr><tr><th valign="top" class="ep_row">Subjects:</th><td valign="top" class="ep_row"><a href="http://eprints.utas.edu.au/view/subjects/340213.html">340000 Economics > 340200 Applied Economics > 340213 Economic Development and Growth</a><br /><a href="http://eprints.utas.edu.au/view/subjects/340100.html">340000 Economics > 340100 Economic Theory</a><br /><a href="http://eprints.utas.edu.au/view/subjects/360203.html">360000 Policy and Political Science > 360200 Policy and Administration > 360203 Research, Science and Technology Policy</a><br /><a href="http://eprints.utas.edu.au/view/subjects/350211.html">350000 Commerce, Management, Tourism and Services > 350200 Business and Management > 350211 Innovation and Technology Management</a></td></tr><tr><th valign="top" class="ep_row">ID Code:</th><td valign="top" class="ep_row">1457</td></tr><tr><th valign="top" class="ep_row">Deposited By:</th><td valign="top" class="ep_row"><span class="ep_name_citation"><span class="person_name">Miss Alexandra Lejda</span></span></td></tr><tr><th valign="top" class="ep_row">Deposited On:</th><td valign="top" class="ep_row">21 Sep 2007</td></tr><tr><th valign="top" class="ep_row">Last Modified:</th><td valign="top" class="ep_row">09 Jan 2008 02:30</td></tr><tr><th valign="top" class="ep_row">ePrint Statistics:</th><td valign="top" class="ep_row"><a target="ePrintStats" href="/es/index.php?action=show_detail_eprint;id=1457;">View statistics for this ePrint</a></td></tr></table><p align="right">Repository Staff Only: <a href="http://eprints.utas.edu.au/cgi/users/home?screen=EPrint::View&eprintid=1457">item control page</a></p>
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