are far from being exploited. Building on contributions from Schumpeter and Georgescu-Roegen, we argue that the human … recently developed concept of Dedicated Innovation Systems (DIS). We conclude that traditional macro-level indicators are not …

traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by … recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms' products) is expected to gain …

inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

that as firms gain market share, they increasingly rely on nonproductive strategies but reduce their productive, innovation …

machine learning, we analyze how neo-Schumpeterian growth theorists relate to the entrepreneur-centered view of Schumpeter … (1934) and the entrepreneurless framework of Schumpeter (1942). The literature leans heavily towards Schumpeter (1942 …); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …