The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of … structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms' incentives to innovate and competitive …

This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new …

learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate …