# Smithian Growth vs Schumpetarian Growth Smithian growth (ie. The type of growth discussed by [[Adam SmithThe type of growth discussed by \[\[Adam Smith]]) is growth that happens via specialization and trade. See [[Comparative advantage model]].]]) is growth that happens via specialization and trade. See [[Comparative advantage model]]. Schumpetarian Growth is growth driven by ever more dextrous manipulation of natural regularities and phenomena. Obviously the two are not fully separate processes and growth in one manner can feed into growth in the other manner. [[Social and mechanical technology innovations are cyclic and intertwined]] ### Related * [[Social innovation may have taken off before technological innovation]] <!-- #mental-model --> [Web URL for this note](http://notes.benjaminreinhardt.com/Smithian+Growth+vs+Schumpetarian+Growth) [Comment on this note](http://via.hypothes.is/http://notes.benjaminreinhardt.com/Smithian+Growth+vs+Schumpetarian+Growth)