Identifying Growth Theories

Economic growth theories provide a framework for understanding how economies progress and improve their standards of living over time. Theories such as classical, neoclassical, and endogenous growth theory explain various factors that contribute to sustainable growth. For example, physical capital accumulation, labor force growth, and technological advancements are often cited as critical components of economic growth.

Which of the following theories emphasizes the role of technological innovation and knowledge accumulation as central to long-term economic growth?