The European Union has implemented demand push and technology pull policies to foster innovation on the energy and … rarely treats product and process innovation separately and product quality is, in the best case, exogenous. We develop a … dynamic multi-sector CGE model that distinguishes between R&D-based process innovation for all firms, endogenous product …

innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …

profits generated by a successful innovation are discounted by the endogenous market interest rate, this raises the net …

, innovation and sectoral growth. We find that a stringent reduction target for carbon emissions combined with a CO2-tax leads to …

This paper challenges the key assumption in "idea based growth models" that innovation rents ultimately reward the … bulk of the innovation rents and are generally the residual claimant. We develop a model that separates invention from … innovation where new ideas are a costless spillover from profit motivated corporate R&D aimed at improving existing production …

Do policies that alter the allocation of human capital across individuals affect the innovation capacity of an economy … of an unequal one. As a result an inverted-U curve relating inequality and the innovation rate emerges, indicating that …

This paper studies the effect of competition on firm innovation by developing a discrete-time endogenous growth model … where multi-product firms do two types of innovation subject to friction in technology spillovers. Firms improve their … existing products through internal innovation while entering others' product markets through external innovation. We introduce …