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novelty requirement and its effect on growth an trade. I consider a world economy with ongoing innovation in two regions. The … to be a useable instrument to promote innovation and growth, and also a strategic trade policy instrument. I numerically … capacity for innovation. I introduce the heterogeneity of innovation size together with the obligation, given by Patent Office …
Persistent link: https://www.econbiz.de/10005063386
the South. Strengthening patent protection increases the Southfs welfare by enhancing innovation and FDI, but also allows …
Persistent link: https://www.econbiz.de/10005078611
We examine productivity growth since World War II in the five leading research economies: West Germany, France, the …}. We present a multicountry model of technological innovation and diffusion which has the implication that, for a wide … range of parameter values, countries converge to a common growth rate, with relative productivities depending on the speed …
Persistent link: https://www.econbiz.de/10014076313
This paper presents a two-countries dynamic model of Schumpeterian growth with two innovative R&D sectors in each … spillovers, possibly from the other country. We opt for an endogenous growth without scale effect specification à la Howitt (1999 …
Persistent link: https://www.econbiz.de/10005482019
in the South. Strengthening patent protection increases the South's welfare by enhancing innovation and FDI, but it also …
Persistent link: https://www.econbiz.de/10010577047
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010189836
state. Adequate long term emphasis on innovation dynamics is crucial for sustained growth where innovation should include …Key aspects of economic growth and sustainable consumption are highlighted in the context of a modified neoclassical … growth model. If we consider the topic of optimum growth in a broader context the notion of efficient specialization - in …
Persistent link: https://www.econbiz.de/10008540475
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010322995
In this paper we present the so-called Schumpeterian approach to economic growth, in which growth is primarily driven … micro-founded approach both, questions the old divisions between growth and development economics, and also provides the … analytical tools to design successful; strategies and appropriate institutions to achieve fast convergence and sustainable growth …
Persistent link: https://www.econbiz.de/10009150919
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010697223