We propose a simple model where large innovation waves arise from the endogenous propagation of information around … technological correlation, and eventually to long ranged innovation waves. We characterise the endogenous balanced growth path of …

to states of uncertainty be explicitly dealt with. We argue that ‘knowledge,’ because of the existence of uncertainty is …

competitive environment to attract infrastructure investment (in terms of fibre-optic rings and cable links, among others), and …

low economic growth when the uncertainty of risky investment in R&D is high. As a consequence of soft-budget constraints … growth can be achieved when the uncertainty of risky investment in R&D is high. This is because bad projects can be stopped … paper we attempt to fill the gap by examining how financial institutions affect technological innovation and thus affect …

innovation, trying to map - using the taxonomies put forward by the innovation literature - the concrete ways through which a … into globalized markets where domestic innovation has to be complemented by the role played by international technological … transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of sectoral …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … welfare state, as well as through offshoring and reduced fixed capital investment of the corporate sector. The outcome was …

direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose … a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …

function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …