An Analysis of the Contribution on the Economic Development in __________

Author
1. Kenneth
Arrow, (1962)

2. George Homans,
(1958)

Theory
Endogenous growth theory

Social Exchange Theory

Description
Holds that economic
growth is primarily the
result of endogenous and
not external forces. This
theory holds that
investment in human
capital, innovation, and
knowledge are significant
contributors to economic
growth. It also focuses
on positive
externalities and spillover
effects of a knowledgebased economy which will
lead to economic
development.
He defined social exchange
as the exchange of activity,
tangible or intangible and
more or less rewarding or
costly, between at least
two people.

Journal Reference
Endogenous Innovation in
the Theory of Growth
by Gene M.
Grossman, Elhanan
Helpman

Social Exchange Theory as

a Tool for Understanding
Relationships in Fiction:
Applications to the Works
of Petrus Alfonsi, William
Shakespear, James Joyce,
Anne Tyler, and Nick
Hornby
by Billy Joe Lancaster

An Analysis of the Contribution on the Economic Development in __________

3. Richard Cantillon,
(1755)

Economic Impact Analysis

An economic impact
analysis (EIA) measures
the magnitude of the
impact that an expenditure
or a groups expenditure
make on an economy. The
basic principle underlying
the measurement of
economic impact are fairly
straight forward.

Economic Impact Analysis

Trans Canada Train in
Ontario

4. Abraham Maslow

Hierarchy of Needs

The theory suggests that

human needs form a fivelevel hierarchy consisting
of: physiological needs,
safety, belongingness/love,
esteem, and selfactualization. Maslows
hierarchy of needs
postulates that there are
essential needs that need
to be met first (such as,
physiological needs and
safety), before more
complex needs can be met
(such as, belonging and
esteem).

A First Look at
Communication Theory by
Em Griffin

An Analysis of the Contribution on the Economic Development in __________

THEORETICAL MATRIX
AQUINO, Reylan
CURA, Jamila

An Analysis of the Contribution on the Economic Development in __________

SERTIMO, Heide G.
BS ENTREPRENEURSHIP 3-1