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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 …
Persistent link: https://www.econbiz.de/10014143303
driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of … innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on …
Persistent link: https://www.econbiz.de/10008779064
We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the … technologies in our creative region gives rise to incomplete knowledge spillovers. Our analysis generates three salient findings … creative region and then we relate our findings to the incompleteness of the above mentioned knowledge spillovers …
Persistent link: https://www.econbiz.de/10013019813
We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital …
Persistent link: https://www.econbiz.de/10013103536
Persistent link: https://www.econbiz.de/10014267754