The book of Kuznets 1971 about induced innovation hypothesis?

Simon Kuznets, a Nobel Prize-winning economist, did not write a book specifically about the induced innovation hypothesis in 1971. However, he did contribute to the development of this hypothesis in his research on economic growth and technological change.

The induced innovation hypothesis, also known as the induced innovation theory, suggests that changes in market conditions and government policies can influence the direction and pace of technological innovation. In other words, the level of demand for a particular product or service can lead to the development of new technologies to meet that demand.

Kuznets' work on economic growth and technological change laid the foundation for the induced innovation hypothesis, which has since been further developed and studied by other economists. While Kuznets did not write a specific book on this topic in 1971, his research and contributions to the field of economics have had a lasting impact on our understanding of innovation and economic development.

Economic Growth of Nations: Total Output and Production Structure by Simon Kuznets (1971)