Technology & economics : papers commemorating Ralph Landau's service to the National Academy of Engineering.

Papers presented at a Symposium on Technology and Economics, held in Washington, D.C., Apr. 4-5, 1990.

"Engineers need economists' insights about the marketplace to understand how economic forces shape the environment for technological innovation. Just as important, economists must come to understand the power and process of technological change in industry. Technology and Economics defines the common ground for this ongoing dialogue between engineers and economists. This book presents the views of some of the leading U.S. economists and technologists who have worked to deepen understanding of the interactions between technology and economics. It explores topics relating to economic growth and productivity, the relation of technical progress to capital formation, investing in productivity growth, the relationship between technology and the cost of capital, future challenges to agricultural research, and innovation in the chemical processing industries. Industrialists and technologists, as well as economists, will find this book useful as an overview to issues of common concern."--Website description.

Includes bibliographical references.

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Technology & Economics -- Copyright -- Contents -- Foreword -- Ralph Landau: Engineer, Entrepreneur, Scholar -- How Competitiveness Can Be Achieved: Fostering Economic Growth and Productivity -- THE ROLE OF TECHNOLOGICAL CHANGE IN GROWTH -- GROWTH IN THE UNITED STATES VERSUS JAPAN -- THE JORGENSON ANALYSIS OF THE SOURCES OF ECONOMIC GROWTH -- RECENT NEW RESEARCH IN GROWTH ECONOMICS OF INDUSTRIAL COUNTRIES -- THE LEGAL CLIMATE -- PHYSICAL CAPITAL FORMATION -- R & D AND EDUCATION -- MICROECONOMIC CONSIDERATIONS -- WHAT SHOULD BE THE NATIONAL GOAL

HOW GROWTH RATES CAN BE INCREASED TO MEET THE NATIONAL GOALCONCLUSION -- NOTES -- REFERENCES -- Capital Formation and Economic Growth -- TESTING OF HYPOTHESES -- ACCOUNTING FOR GROWTH -- CONCLUDING REMARKS -- ACKNOWLEDGMENT -- NOTES -- REFERENCES -- Investing in Productivity Growth -- REFERENCES -- Technology and the Cost of Equity Capital -- THE COST OF CAPITAL -- THE COST OF EQUITY -- CORPORATE HORIZONS AND THE COST OF CAPITAL -- INTERNATIONAL COMPARISONS -- POLICIES THAT REDUCE THE COST OF EQUITY -- CONCLUSIONS -- NOTES -- REFERENCES

Science and Its Applications: How To SucceedTHE RESEARCH ENTERPRISE -- EXPLOIT LUCK THROUGH OBSERVATION -- OPTIMIZE CHAOS -- PERSEVERE -- THINK FUNDAMENTALLY -- MOONLIGHT -- BE ARROGANT -- A SEVENTH KEY TO SUCCESS IN SCIENCE AND TECHNOLOGY -- REFERENCES -- Challenges to Agricultural Research in the Twenty-First Century -- TECHNOLOGY, INSTITUTIONS, AND THE ENVIRONMENT -- STRESS ON THE AGRICULTURAL RESEARCH SYSTEM -- BIOLOGICAL AND TECHNICAL CONSTRAINTS -- RESOURCE AND ENVIRONMENTAL CONSTRAINTS -- PERSPECTIVE -- BIBLIOGRAPHY

INNOVATION IN THE CHEMICAL PROCESSING INDUSTRIESNOTES -- List of Symposium Participants

English.

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