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 … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …

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

Knowledge triggers regional growth. Evidence suggests that skilled labor force concentrates in islands of innovation … increasing returns to knowledge, favoring the emergence of islands of innovation; regions with a high endowment of cognitive …

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the …

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the …

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

pt. 1. Urban creativity and growth -- pt. 2. Cities, innovation and productivity -- pt. 3. Urban systems … of this process. Forces that are driving city growth include agglomeration spillovers, concentration of innovation and … positive reinforcing system that attracts more people with new ideas and information, fuelling innovation, new products and …