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inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …
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We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …
Persistent link: https://www.econbiz.de/10012518975
innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skillintensive …
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We provide an outline for viewing the middle-income trap through the lens of the Schumpeterian growth paradigm, which places the notion of creative destruction at the center of economic growth. Economic growth and development come from the interplay between changes in economic structure and...
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