Corpus ID: 15242536

The Political Economy of Technological Change: Resistance and Innovation in Economic History

@inproceedings{Mokyr1998ThePE,
  title={The Political Economy of Technological Change: Resistance and Innovation in Economic History},
  author={J. Mokyr},
  year={1998}
}
  • J. Mokyr
  • Published 1998
  • Economics
  • 1 Introduction If technology is one of the prime movers of economic growth, how exactly are technological decisions made? A technological decision is taken whenever a new technique is proffered, and firms have to decide whether to adopt it or not. It might seem that in the vast majority of cases this decision is trivial: if the new technique increases efficiency and profits it will be adopted, otherwise it will not. But historically speaking, few economies have ever left these decisions… CONTINUE READING
    56 Citations

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