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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10011406885
investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and … jobs. While Ireland has made good progress towards building up its scientific capabilities, innovation capacity remains … effective, the innovation strategy should be simplified, with a drastic reduction in the number of government agencies involved …
Persistent link: https://www.econbiz.de/10010231006
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …
Persistent link: https://www.econbiz.de/10011518444
drive innovation. -- Entrepreneurship ; Development; Stages of Growth ; Globalization ; Innovation ; Index ; Knowledge …
Persistent link: https://www.econbiz.de/10003824122
formation in terms of the types of strategy, organization, and finance that innovation requires, and emphasizes the …
Persistent link: https://www.econbiz.de/10009011705
Persistent link: https://www.econbiz.de/10013447945
Innovative entrepreneurship is considered an important pillar for economic development and has sparked a lively discussion in academia and practice alike. Oftentimes, however, the debate is not sufficiently grounded on solid empirical evidence. The academic literature is growing but very...
Persistent link: https://www.econbiz.de/10011531131
Persistent link: https://www.econbiz.de/10014548189