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 …

This book investigates dynamic regions in the context of greater global interaction in a world economy increasingly … driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of … innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on …

Growth -- Part III: The Role of Public Policies in Fostering Innovation, Competitiveness and Growth …This book investigates dynamic regions in the context of greater global interaction in a world economy increasingly … driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of …