Endogenous growth theory (内生增长理论 nèi shēng zēngzhǎng lǐlùn) suggests that economic growth is generated from internal factors of an economy. Long-term growth in productivity is directly tied to technological development relies on improvements in innovation, knowledge, and human capital.
- 内生 (nèishēng) derives from
Also see: endogenous, exogenous growth theory.
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