This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is … inequality, raises the intensity of research activities and the growth rate of the economy. …

Despite the growing acknowledgement that entrepreneurship is an important driver of regional innovation and growth, the … that the relationship between entrepreneurship, innovation and regional growth is governed by a series of network dynamics …. Drawing upon aspects of endogenous growth theory and the knowledge spillover theory of entrepreneurship, it is proposed that …

within cities, and can be a powerful driver of national growth and the new motor or the drivers of the economy in a modern …

-scale growth model calibrated to the US economy, transition paths are worked out to compute welfare gains. …

We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development — periods when legal … excessive (greater than first-best) R&D investment and output growth. …

This paper contributes to the analysis of the effects of demand structure on longterm growth. Introducing non … inequalities on long-term growth in our quality-ladder framework, and find that a lower level of wealth disparities always leads to … an increase in the long-run growth rate. Finally, we show that beyond this negative impact on growth, inequalities also …