innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

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 …

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 …

The knowledge economy, fostered by knowledge-based innovation, has been linked to entrepreneurial and economic success …. We investigated the impact of socio-cultural factors on knowledge-based innovation, then we also examined whether … digitalization impacted knowledge-based innovation, regardless of the influence of socio-cultural factors. Using official data from …

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

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