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 …

embeddedness in regional innovation systems and international knowledge flow by using trade data on the openness of regional … innovation and knowledge development. Managers must also foster capabilities that enable the firm to effectively utilize and … compete successfully, gain profitability, and grow. Our study seeks to shed light on the innovation and knowledgeflow process …