capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The …

excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how …, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth … US-style “laissez-faire” social contracts sustainable; I also compare the growth rates of these two politico …