This paper develops an extended version of the quality-ladder model by allowing for heterogeneous markets. Based on this model, it presents an empirical analysis of innovation-based growth at the market level using a technometric measurement concept. It can be shown that a growth-promoting...

This paper develops an extended version of the quality-ladder model by allowing for heterogeneous markets. Based on this model, it presents an empirical analysis of innovation-based growth at the market level using a technometric measurement concept. It can be shown that a growth-promoting...

The economics of innovation presents a lot of taxonomies of innovation. This research introduces the scale of innovative intensity (SIIN) based on a meta-taxonomy that subsume other, less comprehensive taxonomy. The SIIN is similar to the seismic scale of Mercalli used for measuring the...