We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …

questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We … several knowledge and innovation indicators, ranging from R&D expenditures, patent data, to newly released data on different … possible different attitudes and patterns of innovation that we control for, such as regional preconditions for knowledge and …

This paper deals with the relationship between knowledge, innovation and regional growth. The study is carried out … regression can be used for the identi...cation of spatial patterns. In this respect, we ...find a cluster of innovation …

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically …-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms … that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at penetrating the …

New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited … commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that … "knowledge filter" between new knowledge and economic knowledge and identifies both new ventures and incumbent firms as the …