innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …

innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …

increase their innovation efforts; thirdly, it increases the degree of product market competition. In this paper, we propose a … shaping the aggregate welfare gains from trade. We introduce ?firm heterogeneity into an innovation-driven growth model where … incumbent fi?rms operating in oligopolistic industries perform cost-reducing innovation. In this environment, trade …