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 study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

substan-tial net advantages of agglomeration have more to do with broad knowledge and diversity than with regional clustering …

exchanging ideas, solving work-related problems, generating new knowledge …

particular emphasis on product quality, innovation and skills. The firm-level case studies support the conclusions arising from … and innovation arising from UK R&D is of a high but, compared to their German counterparts, UK firms often fail to …

-use in newly constructed buildings and how it induces innovation in the residential-building industry. The data used consists …