Imbalance Theory and the Analysis of Investment and Technical Change by Firms

Abstract

The two main approaches to the analysis of technical change are impact studies which are concerned with quantitative measures of the effects of technical change and case studies which are used to develop inductive generalisations about the sources and directions of technical change. Each of these approaches has deficiencies which are widely and frankly recognised by their respective practitioners.

Citation

Moss, S.J. (1984), "Imbalance Theory and the Analysis of Investment and Technical Change by Firms", Journal of Economic Studies, Vol. 11 No. 2, pp. 61-74. https://doi.org/10.1108/eb002577