Titlebook: Economic Growth and Development Policy; Panagiotis E. Petrakis,Dionysis G. Valsamis,Kyriak Book 2020 The Editor(s) (if applicable) and The

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Bayan Khalaf,Shehdeh Jodeh,Subhi Samhanf innovation consists of a complex set of processes, as it is linked to many factors—mostly, though, to creativity. Thus, the purpose of this chapter is to highlight the concept of innovation and its interconnection with competitiveness and growth, while introducing the way innovation is introduced

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The Sources and Evolution of Growth,e. Economists have long puzzled over the factors that enhance productivity and the relationship between productivity and growth. This chapter has an introductory character and surveys the sources of growth and development. The concepts of diminishing returns and productivity lie at the centre of the

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Modern Growth Theory Arguments,ework of refined theory and more effective policies. Accordingly, this chapter gathers the basic theoretical assumptions formed over time by major economic schools of thought, related to policies for growth, highlighting the persistent debate on the effectiveness of macroeconomic prudential policies

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