We present a multi-country theory of economic growth and R&D driven technological progress in which countries are …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …

of openness on innovation incentives and productivity growth. Finally, our model predicts that a more globalized world … growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth model where firm … innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with …

productivity growth in an R&D-based model with heterogeneous firms. We introduce new and plausible features that are absent in … manufacturing productivity. These results are found to be robust in an extended model with population growth without scale effects …

accounts for a significant part of aggregate growth. We explore the differences in patterns and causes of manufacturing between …

accounts for a significant part of aggregate growth. We explore the differences in patterns and causes of manufacturing between …

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 …

in innovation activity in five newly industrialising countries (NICs) in Asia (China, India, Philippines, Thailand and … necessary to help policy makers, practitioners and scholars consider the relative levels of local innovation and the …

innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …