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deterministic model, R&D in time t surely leads to an innovation in time t 1. In this setting, we show that relative to the balanced … innovation and a higher growth rate. Next, in the stochastic model, R&D in time t probabilistically leads to an innovation in …
Persistent link: https://www.econbiz.de/10013125332
constant relative risk aversion preferences, there are negative externalities in innovation, and there are three kinds of …
Persistent link: https://www.econbiz.de/10013102492
We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region, consumers have constant relative risk aversion preferences, there...
Persistent link: https://www.econbiz.de/10013103536
We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the …
Persistent link: https://www.econbiz.de/10013019813
We analyze the interactions between positive and negative externalities in innovation and trade for economic growth in … is growth in the human capital stock but there are negative externalities in innovation. In this scenario, we show that … opening a region to trade leads to more innovation but to no change in its long run growth rate …
Persistent link: https://www.econbiz.de/10013077098
of tourism development, in particular those related to the role of innovation and human resources. The final section …Editorial Introduction -- Part I: Socio-Economic Impacts of Tourism -- Part II: Innovation and Competitiveness in …
Persistent link: https://www.econbiz.de/10012496185
environmental regulations, the resulting decision by a polluting firm to upgrade its capital stock, and the impact of innovation on … of an unanticipated increase in innovation on the polluting firm's steady state capital stock. Fourth, we analyze the … impact of an anticipated increase in innovation on the polluting firm's steady state capital stock. Finally, we discuss the …
Persistent link: https://www.econbiz.de/10014218022
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …
Persistent link: https://www.econbiz.de/10014143303
Preface -- Part A: Knowledge and Innovation in Space -- Part B: Human Capital and Regional Growth -- Part C: Spatial … evolution or global change. In the past decade, an avalanche of new regional economic growth and innovation models has been put …
Persistent link: https://www.econbiz.de/10014017048
Growth -- Part III: The Role of Public Policies in Fostering Innovation, Competitiveness and Growth … driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of … innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on …
Persistent link: https://www.econbiz.de/10014015208