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adoption and growth in a setting which incorporates positive network externalities. The resulting stock market bubble, induced …-internalized externalities, thereby supporting higher post-bubble growth. Such a path may also overcome some of the potential chilling effects …
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1. Introduction : the poor craftsman and the wealthy inventor -- 2. Methods for an analysis of economic growth and network effects -- 3. A literature review : models of economic growth -- 4. Network economics -- 5. A complex model of growth, technological change and networks effects -- 6. Case...
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externalities (social returns to education) there exists a range of microloan amounts that are growth depressing and welfare …
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We construct a model of innovation incorporating R&D externalities, R&D participation, financial market imperfections …
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