Chapter Round Table comment: From �useful knowledge� to a �culture of growth�

By: Material type: TextTextLanguage: English Series: Publication details: Florence Firenze University Press 2023Description: 1 electronic resource (4 p.)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 979-12-215-0092-9.26
  • 9791221500929
Subject(s): Online resources: Summary: we can state that economically useful knowledge could induce innovations which further deepened and widened this economically useful knowledge; and this cycle was at least one of the decisive factors of raising profitability and, as a final con-sequence, of economic growth becoming obvious in the industrial evolutions in different European and later also non-European countries. To say it more clearly: Innovations did influence economic growth. Cultural and institutional processes, which generated knowledge and human capital, could influence the development of labour productivity. Knowledge did contribute to reduce risks in pre-industrial societies through information, communication, and resilience
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we can state that economically useful knowledge could induce innovations which further deepened and widened this economically useful knowledge; and this cycle was at least one of the decisive factors of raising profitability and, as a final con-sequence, of economic growth becoming obvious in the industrial evolutions in different European and later also non-European countries. To say it more clearly: Innovations did influence economic growth. Cultural and institutional processes, which generated knowledge and human capital, could influence the development of labour productivity. Knowledge did contribute to reduce risks in pre-industrial societies through information, communication, and resilience

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