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 …

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 …

lower limit of the support of the random variable that describes the outcome of innovation quality improvements, takes the … little innovation, and we conclude by commenting on the implications of our findings for future research on Schumpeterian …

We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital …

We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and … innovation on economic growth and welfare in this ith region? Third, what are the impacts of alternate tax policies on innovation … innovation driven economic growth and welfare in this region? …