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 … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

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 …

knowledge-based innovation systems. A system without sufficient options, for example, is locked-in. The generation of redundancy …" (TH) as attempts to find surplus value in bringing industrial innovation closer to public R&D. Whereas the firm is central … can take leading roles in innovation eco-systems. In addition to the (transversal) technology transfer at each moment of …

recently developed concept of Dedicated Innovation Systems (DIS). We conclude that traditional macro-level indicators are not …

The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are …

substan-tial net advantages of agglomeration have more to do with broad knowledge and diversity than with regional clustering …