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 …

exchanging ideas, solving work-related problems, generating new knowledge …

) from upper-tail knowledge. As a proxy for the historical presence of knowledge elites, we use city-level subscriptions to … firm survey from the 1840s, we shed light on the mechanism: upper-tail knowledge raised productivity in innovative …

literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …

frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …

date, have largely concluded that patent pools have been associated with reduced rates of technical innovation in the … of innovation in product markets, rather than on indirect correlates of innovation (like patents), and by exploiting … product markets, and the rate of technical innovation in optical disc products. The analysis concludes that different …