The current techno-economic paradigm change represents a great challenge to evolutionary innovation research. Instead of concentrating on the aspect of path dependency, research needs to focus more on the process of path creation. This change in the research perspective is dealt with in the...

Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in machinery and equipment. Grossman and Helpman develop a unique approach in which innovation is viewed as...

The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic...

Three epistemologically distinct scientific approaches have dominated the relevant theoretical and empirical analysis on the determinants and dynamic processes of aggregate economic growth. These refer to (i) formal growth modeling approaches, (ii) evolutionary economics constructed on elements...

Three epistemologically distinct scientific approaches have dominated the relevant theoretical and empirical analysis on the determinants and dynamic processes of aggregate economic growth. These refer to (i) formal growth modeling approaches, (ii) evolutionary economics constructed on elements...

This paper collects most recent developments in the emerging economic sub-area Economics of Religion. According to secularization thesis, the importance of beliefs and religious activities should weaken as education, scientific knowledge and economic welfare increases. That hypothesis has been...

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.