Abstract
Firms continually adjust themselves to change. The preceding chapter has shown how they can do so through take-over and merger. The present chapter will examine what they will have to adjust themselves to. In the broadest sense, this will include adjustment to all environmental changes, be they technological, social or political. Here, however, attention will be confined to the major influences inducing technological change at the level of the individual firm.
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Notes
J. R. Minasian, ‘The Economics of Research and Development’, in ‘The Rate and Direction of Inventive Activity’ (National Bureau of Economic Research, New York, 1962).
R. Nelson, M. Peck and E. Kalachek, ‘Technology, Economic Growth and Public Policy’ (Brookings Institution, Washington, 1967).
E. F. Denison, ‘Why Growth Rates Differ’ (Brookings Institution, Washington, 1967) p. 288.
E. M. Rogers, ‘Diffusion of Innovations’ (Macmillan, New York, 1962).
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© 1970 F. V. Meyer, D. C. Corner and J. E. S. Parker
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Meyer, F.V., Corner, D.C., Parker, J.E.S. (1970). Invention, Innovation and Growth. In: Problems of a Mature Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15400-5_8
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DOI: https://doi.org/10.1007/978-1-349-15400-5_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-11315-8
Online ISBN: 978-1-349-15400-5
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