Introduction -- Part I: Theories and Concepts of Innovation Policy -- Part II: National Systems of Innovation and High-tech Policies -- Part III: Sectoral Perspectives on Innovation Policy -- Part IV: Conclusions

This paper proposes an overlapping generations multi‐sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multi‐sector...