Melitz, Marc J.; Redding, Stephen - National Bureau of Economic Research - 2021
endogenous innovation and growth: (i) market size; (ii) competition; (iii) comparative advantage; (iv) knowledge spillovers. Each …Two central insights from the Schumpeterian approach to innovation and growth are that the pace of innovation is … empirical literature on trade and innovation. We highlight four key mechanisms through which international trade affects …