Cutting-edge growth is growth due to:

Question

Quizplus · Accepted Answer

Cutting-edge growth is characterized by new ideas and innovation, leading to the development of new products, technologies, and industries. It is fueled by research and development, entrepreneurship, and investment in new technologies. Capital accumulation and improving the organization of existing resources may lead to incremental growth, but they are not sufficient for sustaining long-term cutting-edge growth. While new human capital can contribute to cutting-edge growth, it is mainly through creating and adopting new ideas and technologies.

Cutting-Edge Growth Is Growth Due To