Summary The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns resulting from innovative choice. The analysis offers the prospect of a general theory of economic evolution. It is carried out by means of a model, which makes it possible to...

There is no doubt that innovation is nowadays the main determinant ofeconomic growth and that the human resource is as a crucial factor of the process ofinnovation.As the role played by this factor the mainstream viewpoint emphasizes labourmarket rigidities in the explanation of cross-countries...