New Growth Theory

Dictionary Says

Definition of 'New Growth Theory'

An economic growth theory that posits humans' desires and unlimited wants foster ever-increasing productivity and economic growth. The new growth theory argues that real GDP per person will perpetually increase because of people's pursuit of profits. As competition lowers the profit in one area, people have to constantly seek better ways to do things or invent new products in order to garner a higher profit. This main idea is one of the central tenets of the theory.
Investopedia Says

Investopedia explains 'New Growth Theory'

The theory also argues that innovation and new technologies don't occur simply by random chance. Rather, it depends of the number of people seeking out new innovations or technologies and how hard they are looking for them. In addition, people also have control over their knowledge capital, ie: what to study, how hard to study. If the profit incentive is great enough, people will choose to grow human capital and look harder for new innovations.
Search results for

'New Growth Theory'

  • Noble Energy Increases Growth Targets

    http://stocks.investopedia.com/stock-analysis/2011/Noble-Energy-Increases-Growth-Targets-NBL-WLL-CNX-COG-RRC1121.aspx
    ... rates, through 2016. This new growth target is well above the level established
    by the company in 2010. Investopedia Markets: Explore ...
  • An Opportunity To Play The Growth In Wind Energy

    http://stocks.investopedia.com/stock-analysis/2011/An-Opportunity-To-Play-The-Growth-In-Wind-Energy-FAN-GE-MY-ZOLT-HXL-KDN-FDML-WWD0922.aspx
    ... This growth in wind generation is second only to the growth in new natural gas
    generation, but it is more than nuclear and coal growth combined. ...
  • David Einhorn's New Target: Green Mountain

    http://stocks.investopedia.com/stock-analysis/2011/David-Einhorns-New-Target-Green-Mountain-GMCR-KFT-JOE-SBUX1021.aspx
    ... concluded the semi-annual presentation of the Value Investing Congress in New York
    City ... To be sure, GMCR has experienced rapid growth over the past several years ...
  • Darden Restaurants Cooks Up Consistency

    http://stocks.investopedia.com/stock-analysis/2011/Darden-Restaurants-Cooks-Up-Consistency-DRI-RUTH-RT-CBRL-MRT0929.aspx
    ... However, the period includes a severe recession, and acquisition of Rare Hospitality
    back in late 2007 has added a couple of new growth concepts in Longhorn ...
  • Medtronic's Healthy Growth Outlook

    http://stocks.investopedia.com/stock-analysis/2011/Medtronics-Healthy-Growth-Outlook-MDT-SYK-BSX-JNJ-STJ0828.aspx
    ... The company is increasingly targeting international markets for growth, and a lineup
    of new products could push sales growth back up into the double digits. ...
  • The Utilities Sector Is Still Full Of Bargains

    http://stocks.investopedia.com/stock-analysis/2011/The-Utilities-Sector-Is-Still-Full-Of-Bargains-SPLV-MORN-XLU-VPU-SO-AEP-WTR-MSEX-PSCU-IPU1125.aspx
    ... On top of this, grid upgrades and new additions into renewable energy sources are
    giving the many old stodgy power producers a new growth image. ...
  • The Ups And Downs Of Initial Public Offerings

    http://www.investopedia.com/articles/financial-theory/11/upside-downside-of-ipos.asp
    ... This "free" cash spent on growth initiatives can eventuate in a better bottom line.
    New capital may be spent on marketing and advertising, hiring more ...
  • Progress Software - A GARP Story With No "Guh"

    http://stocks.investopedia.com/stock-analysis/2012/Progress-Software---A-GARP-Story-With-No-Guh-PRGS-IBM-ORCL-MSFT0106.aspx
    ... No Growth This Quarter Progress Software is in the middle of a business transition,
    but the new growth opportunities are not materializing fast enough to ...
  • For Companies, Green Is The New Black

    http://www.investopedia.com/articles/07/green-new-black.asp
    For Companies, Green Is The New Black. ... 05 2007 | Filed Under ยป Financial Theory.
    Green Investing ... for companies that have traditionally pursued growth above all ...
  • Private Prisons Have Future Growth All Locked Up

    http://stocks.investopedia.com/stock-analysis/2011/Private-Prisons-Have-Future-Growth-All-Locked-Up-CXW-GEO-CRN1124.aspx
    ... that state budgets just don't have the cash to construct new prison facilities ... Matter
    of Security The private prison system is, unfortunately, a growth industry ...

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