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 … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …

factors for innovation at the local level, based on micro survey information from firms. In seeking for prominent explanatory … variables for entrepreneurial innovation in various classes of European cities, a particular multivariate method - i.e., Regime … generates a wide range of interesting empirical results on innovation factors in European cities. …