cutting. While traditional Schumpeterian analyses have focused on the relationships between market structure and innovation …, they have paid less attention to the relationship between innovation and capital market imperfections (resulting, in many … cases, from problems of costly and imperfect information which are particularly important in the context of innovation). It …

cutting. While traditional Schumpeterian analyses have focused on the relationships between market structure and innovation …, they have paid less attention to the relationship between innovation and capital market imperfections (resulting, in many … cases, from problems of costly and imperfect information which are particularly important in the context of innovation). It …

trajectories on induced innovation, providing general conditions under which the optimal carbon path should, at least eventually …

The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are … lead to a lower pace of innovation, and more generally, that long run effects may be the opposite of the short run effects …

innovation. In a model with full employment, we show that (a) if the elasticity of substitution is always less than or greater …This paper analyzes equilibrium, dynamics, and optimal decisions on the factor bias of innovation in a model of induced …, there will be a bias towards excessive labor augmenting innovation, resulting in too high unemployment, with convergence to …

innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …

trajectories on induced innovation, providing general conditions under which the optimal carbon path should, at least eventually …

innovation. In a model with full employment, we show that (a) if the elasticity of substitution is always less than or greater …This paper analyzes equilibrium, dynamics, and optimal decisions on the factor bias of innovation in a model of induced …, there will be a bias towards excessive labor augmenting innovation, resulting in too high unemployment, with convergence to …

innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …