in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

such applications, a key role is played by complementarities in the process of innovation. …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …

innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …

of physical capital accumulation, human capital accumulation and innovation drives the rise in China's aggregate income … capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model …

We analyze the interaction between growth and financial development in a model of product innovation. Innovation is …

The present paper takes a geometric approach to characterize the competitive forces behind innovation and dynamic …

profits generated by a successful innovation are discounted by the endogenous market interest rate, this raises the net …