Audretsch, David B.; Keilbach, Max - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
The neoclassical model of the production function, as applied by Robert Solow to build the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...