knowledge. Three long-term outcomes emerge. First, a "Secularization" or "Western-European" regime with declining religiosity …, unimpeded science, a passive Church and high levels of taxes and transfers. Second, a "Theocratic" regime with knowledge …

mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce …. Entrepreneurs decide the number of layers of management and the knowledge and span of control of each agent. As a result, in the … theory, heterogeneity in demand leads to heterogeneity in productivity and other firms' outcomes. We use the theory to …

competition among workers specialized in knowledge production. Those who lose in such competition end up displaced to occupations … proportion of knowledge workers in employment, depending on the response of the overall demand for knowledge to the implied … reduction in the cost of acquiring it. In my model, knowledge (in a broad sense) is an input into the production function of …

To stay on top of global competition, firms and governments often need to acquire innovative goods and services … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We …

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … of knowledge and technology in economic growth. …

opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro …, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …