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 … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …

obstacles and consequences. For the purpose of this paper, innovation has served as a major contributor for the previously … and explores those innovation determinants that have been detected by region. The analysis defines a set of regionalized … firms' behavioural patterns towards innovation. Methodologically, the Logistic Biplot is applied to an extended sample of …