Technological Innovation And The Great Depression

Technological Innovation And The Great Depression PDF

Author: Richard Szostak

Publisher: Routledge

Published: 2019-06-21

Total Pages: 334

ISBN-13: 1000314057

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This volume takes an innovative approach toward analyzing the Great Depression of the 1930s. Exploring the technological and employment experience of specific sectors, it looks at trends in income distribution and population and other factors that created the ultimate economic depression.

Technology, Innovation, and Southern Industrialization

Technology, Innovation, and Southern Industrialization PDF

Author: Susanna Delfino

Publisher: University of Missouri Press

Published: 2008

Total Pages: 233

ISBN-13: 0826266312

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Because of its strong agrarian roots, the South has typically been viewed as a region not favorably disposed to innovation and technology. Yet innovation was never absent from industrialization in this part of the United States. From the early nineteenth century onward, southerners were as eager as other Americans to embrace technology as a path to modernity. This volume features seven essays that range widely across the region and its history, from the antebellum era to the present, to assess the role of innovations presumed lacking by most historians. Offering a challenging interpretation of industrialization in the South, these writings show that the benefits of innovations had to be carefully weighed against the costs to both industry and society. The essays consider a wide range of innovative technologies. Some examine specific industries in subregions: steamboats in the lower Mississippi valley, textile manufacturing in Georgia and Arkansas, coal mining in Virginia, and sugar planting and processing in Louisiana. Others consider the role of technology in South Carolina textile mills around the turn of the twentieth century, the electrification of the Tennessee valley, and telemedicine in contemporary Arizona--marking the expansion of the region into the southwestern Sunbelt. Together, these articles show that southerners set significant limitations on what technological innovations they were willing to adopt, particularly in a milieu where slaveholding agriculture had shaped the allocation of resources. They also reveal how scarcity of capital and continued reliance on agriculture influenced that allocation into the twentieth century, relieved eventually by federal spending during the Depression and its aftermath that sparked the Sunbelt South's economic boom. Technology, Innovation, and Southern Industrialization clearly demonstrates that the South's embrace of technological innovation in the modern era doesn't mark a radical change from the past but rather signals that such pursuits were always part of the region's economy. It deflates the myth of southern agrarianism while expanding the scope of antebellum American industrialization beyond the Northeast and offers new insights into the relationship of southern economic history to the region's society and politics.

State of Innovation

State of Innovation PDF

Author: Fred L. Block

Publisher: Routledge

Published: 2015-11-17

Total Pages: 366

ISBN-13: 1317251431

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The worst economic crisis since the Great Depression has generated a fundamental re-evaluation of the free-market policies that have dominated American politics for three decades. State of Innovation brings together critical essays looking at the 'innovation industry' in the context of the current crisis. The book shows how government programs and policies have underpinned technological innovation in the US economy over the last four decades, despite the strength of 'free market' political rhetoric. The contributors provide new insights into where innovations come from and how governments can support a dynamic innovation economy as the US recovers from a profound economic crisis. State of Innovation outlines a 21st century policy paradigm that will foster cutting-edge innovation which remains accountable to the public.

Technology and the Pursuit of Economic Growth

Technology and the Pursuit of Economic Growth PDF

Author: David C. Mowery

Publisher: Cambridge University Press

Published: 1991-07-26

Total Pages: 344

ISBN-13: 9780521389365

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Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the importance of a historical perspective in understanding the role of technological innovation in the economy. The authors examine key episodes and institutions in the development of the U.S. research system and in the development of the research systems of other industrial economies. They argue that the large potential contributions of economics to the understanding of technology and economic growth have been constrained by the narrow theoretical framework employed within neoclassical economies. A richer framework, they believe, will support a more fruitful dialogue among economists, policymakers, and managers on the organization of public and private institutions for innovation. David Mowery is Associate Professor of Business and Public Policy at the School of Business Administration, University of California, Berkeley. Nathan S. Rosenberg is Fairleigh Dickinson Professor of Economics at Stanford University. He is the author of Inside the Black Box: Technology and Economics (CUP, 1983).

Did Bank Distress Stifle Innovation During the Great Depression?

Did Bank Distress Stifle Innovation During the Great Depression? PDF

Author: Ramana Nanda

Publisher:

Published: 2011

Total Pages: 32

ISBN-13:

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Bank distress during the Great Depression had a significant negative impact on the level, quality and trajectory of firm-level innovation, particularly for R&D firms operating in capital intensive industries. However, because a sufficient number of R&D intensive firms were located in counties with lower levels of bank distress, or were operating in less capital intensive industries, the negative effects were mitigated in aggregate. Although Depression era bank distress did stifle innovation, our results also help to explain why technological development was still robust following one of the largest shocks in the history of the U.S. banking system.

Mastering a New Role

Mastering a New Role PDF

Author: National Academy of Engineering

Publisher: National Academies Press

Published: 1993-02-01

Total Pages: 145

ISBN-13: 0309046467

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This book examines the changing character of commercial technology development and diffusion in an integrated global economy and its implications for U.S. public policies in support of technological innovation. The volume considers the history, current practice, and future prospects for national policies to encourage economic development through both direct and indirect government support of technological advance.

A Great Leap Forward

A Great Leap Forward PDF

Author: Alexander J. Field

Publisher: Yale University Press

Published: 2011-04-26

Total Pages: 399

ISBN-13: 0300168756

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This bold re-examination of the history of U.S. economic growth is built around a novel claim, that productive capacity grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the United States during the Second World War as well as for the golden age (1948-1973) that followed.Alexander J. Field takes a fresh look at growth data and concludes that, behind a backdrop of double-digit unemployment, the 1930s actually experienced very high rates of technological and organizational innovation, fueled by the maturing of a privately funded research and development system and the government-funded build-out of the country's surface road infrastructure. This significant new volume in the Yale Series in Economic and Financial History invites new discussion of the causes and consequences of productivity growth over the last century and a half and on our current prospects.

The Great Depression?

The Great Depression? PDF

Author: Emma Marriott

Publisher: Wayland

Published: 2018-01-11

Total Pages: 48

ISBN-13: 9780750297264

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Look at the events that lead to the Wall Street Crash of October 1929 and the shockwaves that it sent around the world, leading to economic crisis and financial panic and plunging millions into unemployment, eviction from their homes and grinding poverty. Explore the legacy of the Great Depression internationally, both in terms of the bad things that came out of it, such as political ferment leading to the rise of fascism, and the good things, including the expansion of the welfare state and provision for those in need, technological innovation and the rise of the cinema industry.