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Innovation and growth : theory
Licandro, Omar - In: Macroeconomic modelling of R&D and innovation policies, (pp. 23-61). 2022
This survey reviews the literature on firm dynamics, innovation and growth aiming to better understand the main … channels through which innovation affects the performance of modern economies. Since innovations fundamentally diffuse through … firm dynamics and innovation. …
Persistent link: https://www.econbiz.de/10012793167
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Technical progress effects on productivity and growth in the Commonwealth of Nations (1993-2009)
Barreiro-Pereira, Fernando - 2011
The productivity generated by capital goods is not uniform along the time. When there exist conventional physical capital goods the productivity obtained is minor that the one generated by quality capital goods. To obtain a correct measure of growth in presence of this embodied technical...
Persistent link: https://www.econbiz.de/10011527365
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Innovation, decentralization, and planning in a multi-region model of Schumpeterian economic growth
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
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 …
Persistent link: https://www.econbiz.de/10011491971
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Intellectual property law and public sponsorship of R&D in a Schumpeterian growth model with fundamental and applied R&D
Gray, Elie - In: Revue d'économie politique 128 (2018) 5, pp. 807-848
Persistent link: https://www.econbiz.de/10012266621
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Innovation and growth from a Schumpeterian perspective
Aghion, Philippe - In: Revue d'économie politique 128 (2018) 5, pp. 693-711
Persistent link: https://www.econbiz.de/10012266574
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Knowledge, innovation and economic growth : spatial heterogeneity in Europe
Capello, Roberta; Lenzi, Camilla - 2012
In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by … questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We … several knowledge and innovation indicators, ranging from R&D expenditures, patent data, to newly released data on different …
Persistent link: https://www.econbiz.de/10011521603
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Lessons from Schumpeterian growth theory
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - In: The American economic review 105 (2015) 5, pp. 94-99
Persistent link: https://www.econbiz.de/10011695241
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Theoretical approach to economic growth
Yildiz, Furkan - In: Economic growth : theory and practice, (pp. 3-27). 2018
Persistent link: https://www.econbiz.de/10011996168
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Income polarization and stagnation in a stochastic model of growth : when the demand side matters
Gries, Thomas - 2019
This contribution is motivated by two stylized observations, the slowdown in growth, and a simultaneous income polarization in many advanced economies. While mainstream neoclassical and endogenous growth theory cannot sufficiently explain the nexus, we argue that the demand side plays a role. We...
Persistent link: https://www.econbiz.de/10012287662
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On business cycles and growth
Orlando, Giuseppe; Sportelli, Mario C. - In: Nonlinearities in economics : an interdisciplinary …, (pp. 153-168). 2021
In this chapter, we outline the reasons why economics has been concerned with non-linear dynamics, with a particular focus on business cycles and on economic growth. Using varying perspectives, we discuss the salient historical mathematical approaches to the problem and the results that were...
Persistent link: https://www.econbiz.de/10012648040