investment or international technology spillovers. This study is a major contribution to innovation, trade, FDI and growth … analysis in the context of economic globalization and the demand for labor as well as long run international output …

We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …