Title:	Services Industries and the Knowledge-Based Economy
Authors:	ALICE O. NAKAMURA RICHARD G. LIPSEY
Keywords:	Services industries--Canada
Issue Date:	2006
Publisher:	University of Calgary Press
Description:	The papers in this volume illustrate the evolutionary nature of services, and the pervasive importance of context. In the large body of research that he draws from in his keynote address, “Policy Challenges in the New Economy,”Richard Lipsey makes the point that the existing neoclassical paradigm largely ignores context.1 Even if we had all the data that we could wish for, interpreting it within the neoclassical theoretical framework would greatly restrict our ability to interpret this information effectively. He introduces a new intellectual technique for understanding the long-term economic growth process: structuralist-evolutionary (S-E) theory. Lipsey explains that S-E theory emphasizes the importance of a detailed knowledge of technologies and the process of technological change. His keynote address is intended to provide an intellectual framework for the research studies in this volume. These studies do not focus just on productivity indexes. In addition, they provide empirical evidence and institutional detail for a wide assortment of activities, inputs and outcomes believed to be associated with innovation, technological change and economic growth.
URI:	http://10.6.20.12:80/handle/123456789/53026
ISBN:	1-55238-149-8
Appears in Collections:	Archeology and Heritage Management

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