This paper analyzes the effects of new business formation on industry growth. Dynamic panel techniques are used to test …

We develop a growth model with endogenous technological progress in which the financial sector plays an explicit role …. Thereby we discuss the role of different financial regimes in the growth process. We contrast a bank-dominated financial … two regimes emerges. We show that history matters and that the emergence of the low-growth regime is feasible. Furthermore …

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …

" uncertainty in each period. Numerical examples illustrate the growth behavior of the economy linked to the R&D sector. …

We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth … investment in research and development and the growth rate of theeconomy. …

-doing and organizational forgetting in R&D on firms' incentives to innovate. I develop a dynamic step by step innovation model … allows followers to catch up. Contrary to the benchmark case, the leader's innovation effort declines with the lead. This …

intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot … technological leader. It is found that for most empirically plausible cases the familiar inverted-U between patent length and growth …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … allows followers to catch up. Contrary to the benchmark case the leader's innovation effort declines with the lead. This …

The European Union has implemented demand push and technology pull policies to foster innovation on the energy and … rarely treats product and process innovation separately and product quality is, in the best case, exogenous. We develop a … dynamic multi-sector CGE model that distinguishes between R&D-based process innovation for all firms, endogenous product …