Daron Acemoglu
Published: 2014
Total Pages: 22
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This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three complementary but different approaches are useful in the study of a range of current research areas though they may also yield different answers to important questions. It concludes by highlighting several important areas where these ideas can be fruitfully applied in future work. Keywords: Biased technological change, directed technological change, localized technological change, innovation, skill-biased technological change, technology. JEL Classification: E25, J31, O30, O31, O33.