Technology, Driver of Growth

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Abstract

Growth has been the single most important characteristic of global economy for the last 200 years. It is very much driven by technology. Recent estimates set its impact at 35–55 % of total growth. But technology needs a specific social environment in which to thrive: Capitalism produced entrepreneurs and property rights, two basic pillars of innovation and growth.

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Boutellier, R., & Heinzen, M. (2014). Technology, Driver of Growth. In Management for Professionals (Vol. Part F300, pp. 33–45). Springer Nature. https://doi.org/10.1007/978-3-319-04016-5_3

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