This paper addresses the question of whether government procurement can work as a de facto innovation policy tool. We … develop an endogenous growth model with quality-improving in-novation that incorporates industries with heterogeneous … innovation sizes. Government de-mand in high-tech industries increases the market size in these industries and, with it, the in …

This paper addresses the question of whether government procurement can work as a de facto innovation policy tool. We … develop an endogenous growth model with quality-improving innovation that incorporates industries with heterogeneous … innovation sizes. Government demand in high-tech industries increases the market size in these industries and, with it, the …

We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods … stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R&D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …

We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods … stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R+D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …

analysis with evidence on innovation slowdown trends, looking at aggregate and compositional trends. We explore the innovation … occurrence. Eventually, we relate productivity and innovation slowdowns deriving tables of trends co-movements, weighted by input …

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …