analysis proceeds in stages. It begins with an exogenous rate of innovation in order to focus on the first two components. The … last two components are added by endogenizing the rate of innovation. Finally, the paper considers the role of foreign …

knowledge' from its cumulative R&D activities, a developing country can boost its productivity by importing a larger variety of … intermediate products and capital equipment embodying foreign knowledge, and by acquiring useful information that would otherwise …

This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long …

We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …

-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …

Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this …-product firms live forever, and the large firms invest in innovation in order to enlarge their product spans. All firms export. I … show that an increase in the competitiveness of foreign firms can increase or reduce innovation efforts of a large multi …