ABSTRACT

This research consolidated the relevant theories and methods in economics, regional science, and economic geography, and developed an analytical framework and a set of operational equations to examine company production and productivity growth. This chapter concludes the research findings and briefly addresses theoretical and policy implications of the study. The theoretical justification and the empirical estimation both suggest that technological progress and technology related physical inputs give rise directly to production and labor productivity growth. They also suggest that technological progress and technological inputs indirectly contribute to production and labor productivity growth by raising technological efficiency and inducing high-return producer internal inputs.