The economic growth that is brought about or catalyzed by investment. As new capabilities are added to the engine of productive economic activities, specifically labor, a wider base of capital stock results, spurring further economic growth, and so on.
Solovian relates to Robert Merton Solow (1924- ), a Nobel Laureate: Nobel memorial prize in economics sciences, 1987 (for his contributions to the theory of economic growth: exogenous growth model).
