Innovation, Knowledge and Growth: Adam Smith, Schumpeter and the Moderns

Heinz Kurz is a major contemporary figure in the study of the history of economic thought and this new collection brings together recent work on growth theory, integrating the study of the history of economic analysis with contemporary economic theorizing. Kurz draws on the work of Schumpeter and Smith to articulate the relationships between innovation, knowledge and growth.Essays included range in subject, from considering Schumpeter's work in Graz and the problem of innovation and profits from a Schumpeterian point of view to the concepts of knowledge and economic growth and the state of the study of the history of economic thought. Kurz's analytical and technically sophisticated approach is combined with in awareness of the relevance of discussing the issues of innovation and growth in historical perspective and context.