Recent developments in economics have gone from the recognition of the importance of innovation for growth and the … exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An … mechanisms of innovation creation and diffusion, the importance of agent heterogeneity, of market selection processes, of the …

of innovation and technological change. This tradition focused on the innovation production function however it was … spatial dimension. Location and geographic space have become key factors in explaining the determinants of innovation and … endogenous growth theory emphasizes the importance of investments in research and development and human capital, a research …