Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - Centre of Excellence for Science and Innovation … - 2013
Schumpeterian growth theory has “operationalized” Schumpeter’s notion of creative destruction by developing models … addressed by alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and … growth institutions; (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth theory …