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 …

constant relative risk aversion preferences, there are negative externalities in innovation, and there are three kinds of …

We study innovation policy in a region in which the members of the creative class engage in Schumpeterian competition …

We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and … innovation on economic growth and welfare in this ith region? Third, what are the impacts of alternate tax policies on innovation … innovation driven economic growth and welfare in this region? …

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the …

existing and candidate entrepreneurs on economic growth and innovation policy in this region. We perform four specific tasks …. First, when the flow rate of innovation function for the existing entrepreneurs is strictly concave, we delineate the … the existing entrepreneurs. Third, we show how the BGP equilibrium is altered when the flow rate of innovation function …

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 …