Equation 1 · Part 6 · Who Builds 2100? The Demographic Engine of Technological Evolution
fraction
fraction
What this part means
Divide the expression above the line by the one below it.
Its job in the formula
The expression above the fraction bar is divided by the complete expression below it. The denominator must not be zero.
Full expression→fraction→Article meaning
The passage around this formula
Semi-endogenous growth theory, the framework Jones developed and that his 2022 Annual Review of Economics piece surveys, formalizes this into a relationship between population growth and the long-run growth rate of ideas [ 4 ] . Population enters the idea-production function as the stock of people available to search the technological fitness landscape for improvements, and because ideas are non-rival — one firm’s discovery of a better transistor layout does not use up the possibility for another firm to discover a different one — expanding that search population raises the rate of discovery roughly in proportion to its own growth, discounted by how much duplicated effort dilutes the return…
Learn the underlying idea
A fraction a/b means a divided by b. The top number is the numerator; the bottom number is the denominator, and it cannot be zero.
Open the illustrated fractions: division written vertically guide →
Sources cited in the surrounding passage
These citations provide research context; check each source for the exact claim it supports.