We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …

constant relative risk aversion preferences, there are negative externalities in innovation, and there are three kinds of …

about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …

knowledge spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy … technologies or sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by …