The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …

towards the global frontier country, perhaps due to learning and knowledge spillovers. More recently, studies within countries … are able to benefit from domestic knowledge. …

-biased technological change was due to a growth in ``Baconian knowledge'' and international trade. Simulations show that the model does a …

unskilled-labor-biased. Increasing basic knowledge causes a growth takeoff, an income-led demand for fewer educated children …

satisfy an indefinite range of wants and firms' incentive to utilize knowledge from past production experiences. We show that … firms endogenously form a number of distinguishable industries as accumulated knowledge induces them to agglomerate in the … technology space. Knowledge accumulation in existing industries reduces production costs, but, as the diminishing returns from …

of knowledge and technology in economic growth. …

is found on immediate technology transfer. Another result is a significant effect of domestic innovation activity. There … results obtained provide some policy implications and make the case for taking into account domestic innovation activity while …