This book proposes the theory and practice of endogenous development that helps to analyze economic dynamics and works within a context of continuous economic, technological, and institutional transformations. This approach will help shape both our understanding and response in times of economic...

We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to develop higher-quality products. The realization of...