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 …

innovations - innovations that break new ground in terms of knowledge creation. After presenting a motivating model focusing on … the choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted …. Our measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity …

innovation - in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more … technologies. Carbon taxes and research subsidies may nonetheless encourage production and innovation in clean technologies, though …

innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

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 …

We develop a composite indicator measuring the performance of national innovation systems. The indicator takes into … assessment of preconditions for innovation by managers. We apply the methodology to a set of 17 industrialized countries on a …, social capital, trust and science and technology to achieve an assessment of a country's social climate for innovation. After …