Over the last years, numerous national governments as well as the European Union have initiated so-called missions to guide transformation processes and tackle grand challenges, such as climate change, digitalization and an aging society. Previous research on mission-oriented innovation...

Inhaltsverzeichnis: Elke Maria Schmidt - Innovation im Mittelstand: Theoretische und empirische Aspekte; Karl Lichtblau - Innovationen und Produktivität: Ein amerikanisch-deutsch-japanischer Vergleich; K.-H. Schmidt - Technologietransfer im KMU-Sektor in Japan; Cornelia Storz - Netzwerke im...

This paper offers a comprehensive study on transitional dynamics within R&D-based models of endogenous growth. There are two main motivations. First, the complete dynamic system for the market solution is derived in general form. Second, using this dynamic system as a unifying framework the...