Batabyal, Amitrajeet; Nijkamp, Peter - In: Networks and Spatial Economics 14 (2014) 3, pp. 605-628
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where iā=ā1,ā¦,N, our analysis leads to six findings. First, we define the balanced growth path (BGP) allocations and the...