The strategic choices regarding innovation and R&D policy in Portugal have, over the last two decades, produced various … firms located throughout the country, and to explore those innovation determinants that have a region-specific connotation …. In our paper, innovation is used as a major contributor to the policy evaluation process referred to above. To provide a …

The underlying theoretical assumption of this paper is that if firms can imitate an innovation at a cost that is … substantially below the cost of the innovator to carry out the innovation, there may be little or no incentive to carry out the … innovation. Cost and time required for imitating new products and processes have an important effect on the incentives for …

Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …

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 …

Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …

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