What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion. Assuming that knowledge...

This paper exploits the formalization of a circular product differentiation model of Salop (1979) to propose an endogenous growth quality ladder model in which the knowledge inherent in a given sector can spread variously across the sectors of the economy, ranging from local to global influence....

What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion. Assuming that knowledge...

This paper exploits the formalization of a circular product differentiation model of Salop (1979) to propose an endogenous growth quality ladder model in which the knowledge inherent in a given sector can spread variously across the sectors of the economy, ranging from local to global influence....

This paper proposes a Schumpeterian growth model generalizing the existing theory : we exploit the formalization of a circular product differentiation model of Salop (1979) to take into account the fact that knowledge inherent in a given sector can diffuse variously among R&D sectors, ranging...

What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...

This paper proposes a Schumpeterian growth model generalizing the existing theory: we exploit the Salop (1979) formalization of circular product differentiation to take into account the fact that knowledge can diffuse variously among R&D sectors, ranging from local to global diffusion. We...

Cet article présente un modèle de croissance schumpetérien, qui généralise la théorie existante : nous utilisons la différenciation circulaire du modèle de Salop [1979] pour prendre en compte le fait que la connaissance se diffuse, avec plus ou moins d’ampleur, entre les secteurs de...

What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...