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frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10013106293
We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity … similar goods. The balance of adoption and innovation determines the shape of the distribution; innovation stretches the … of innovators. While innovation drives long-run growth, changes in the adoption environment can influence growth by …
Persistent link: https://www.econbiz.de/10012964404
We study how innovation and technology diffusion interact to endogenously determine the productivity distribution and … balance of adoption and innovation determines the shape of the distribution; innovation stretches the distribution, while … adoption compresses it. Whether and how innovation and diffusion contribute to aggregate growth depends on the support of the …
Persistent link: https://www.econbiz.de/10012455586
frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10010987831
frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10012460568