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. …

analyzes a model of North-South trade and endogenous growth through innovation and imitation that can predict the observed … both the innovation in the North and the imitational lag of the South. Opening to trade increases the growth rate and …Recent evidence on world trade patterns reveals North-South specialization across products of the same industries and …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … knowledge spillovers implies that the decentralized equilibrium features an allocation of labor to R&D activity that is strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

tension in the firm-level innovation location decision between accessing technical knowledge and sourcing low-cost high …-skilled labor. With trade costs and imperfect international knowledge diffusion, the larger country has a greater share of industry … and tends to host a larger share of innovation. In this setting, we find that an R&D subsidy expands the implementing …

R&D than non-cooperating firms if spillovers are sufficiently large. Further, market demand and R&D productivity have a … collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation … survey data for the service sector. A simultaneous model for cooperation choice and innovation expenditures shows that R …

R&D than noncooperating firms if spillovers are sufficiently large. Further, market demand and R&D productivity have a … collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation … survey data for the service sector. A simultaneous model for cooperation choice and innovation expenditures shows that R …

contracts, mitigating information frictions in international trade. There is little evidence for the relaxation of financial … constraints or the promotion of follow-on innovation. …

With quantity-based innovation targets and subsidy programs launched since the mid-2000s, Chinese patents have seen a …’ quantity-quality trade-off between radical and incremental innovations, and decomposes subsidies’ impact on growth and welfare …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property …'s accession to the World Trade Organization) (WTO) in 2001. We also show that there is a positive upstream spillover effect of FDI …

innovation in these cities. …