important differences between Japanese and US energy firms: lower elasticity of the innovation production function in R …&D expenditure, lower probability of radical innovation, and predominance of dirty technologies in Japan. This may explain our … Politikinstrumente auf das mittel- und langfristige Wirtschaftswachstum der USA und Japan vorzunehmen. Unsere Ergebnisse zeigen mehrere …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

to integrate endogenous technological progress. Nevertheless, several complexities of innovation are still neglected even … modelling literature through a special lens. We discuss how existing models deal with different types of innovation (i ….e. product and process innovation) and how differences in innovation activities influence modelling results. We also emphasise …

, innovation. Using a Schumpeterian growth model in which firms' dynamic R&D and financing choices are endogenously determined, we … demonstrate that this second effect always dominates, so that debt fosters innovation and growth at the aggregate level. Our paper …-industry variation in leverage and innovation …

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