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start up issues. The main obstacles are economic in nature. They result from the specific characteristics of innovation … innovation within ecosystems of heterogeneous actors such as urban systems. Coordination problems cannot be solved by traditional … drive innovation up to the market. The literature on the economics of platform is used to provide some insights on the role …
Persistent link: https://www.econbiz.de/10010740284
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 …
Persistent link: https://www.econbiz.de/10011075868