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This paper proposes an endogenous growth model to study whether innovation activities generate business cycles. We find … that fishing-out and learning-by-doing effects, which are common properties in innovation activities, generate inverted U …-shaped cycles. In this paper, primary and secondary innovations are conducted in two different sectors. The primary innovation …
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by firms subsequently to production operations. We then use the model to investigate how distribution shapes innovation … implications for innovation. The per-unit cost implies that factory-specific productivity improvements cannot sustain steady …
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(Promoting Local Innovation). The Ethiopian program set up multi-stakeholder teams in different agro climatic zones. The paper …
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