&D-intensive clusters as a key factor of regional competitiveness on productivity and innovation growth. In analogy to the industry … on innovation growth once we account for spatial spillovers, no significant effects of "cluster diversity" can be …

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 …