The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …

of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub … underinvest in innovation. …

may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

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. …

At the moment endogenous growth theory has become increasingly popular in the world of science, particularly in … developed countries. This article aims to show, for two regions case, the needs and sense of applying this theory in the polish … endogenous growth theory is no reason to exist, in conditions of poor polish regions. Without external inputs there can't be …