causal effect of human capital on income, net of the innovation channel. …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

A common assumption in innovation policy circles is that creative and inventive firms will help to sustain employment … wage benefits of such activity is rather sparse. In this paper we first survey some existing literature on innovation and … jobs. We outline arguments for using both patents and trade marks as indicators of innovation. We then construct a large …

survive or even grow in the market is innovation. However, innovation may not occur or fail entirely if we ignore the various … enterprises concerning innovation as well as about the various innovative practices among the Hungarian firms. To support our … managed to prove our assumption that although enterprises find the various (Schumpeter) types of innovation useful and …

There is a widespread idea that corporations have completely taken over invention and innovation processes throughout … boundaries of the firm were actually the principal source of innovation before World War II. This article analyzes the history of … promoting innovation and technology transfer in latecomers with high rates of technological dependence. Employing a new method …

entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation …-to-the-market innovation but has no effect on the relationship between knowledge and new-to-the-firm innovation. Our results using European … chances that knowledge will become new-to-the-market innovation. The findings highlight the importance of Schumpeterian …