the israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for …

applied to the case of Computed Tomography (CT) Scanners, a revolutionary innovation in medical technology. The econometric … from innovation is used primarily to compute a social rate of return to R&D, to explore the interrelation between … innovation and diffusion, and to trace the time profile of benefits and costs, the latter suggesting the possible occurance of …

from pharmaceutical innovation. Extending previous studies of the welfare benefits from innovation (Trajtenberg, 1990 …

segmentation) shaped the underlying incen- tives for innovation in the PC industry during the mid to late 1980s …

analysis proceeds in stages. It begins with an exogenous rate of innovation in order to focus on the first two components. The … last two components are added by endogenizing the rate of innovation. Finally, the paper considers the role of foreign …

We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …

We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …

We develop a multi-country, dynamic general equilibrium model of product innovation and international trade to study …