relation to the innovation process and its outcomes. This theme is firmly rooted in the Schumpeterian tradition in which an …

This book takes a new look at the golden age in neoclassical growth theory and explores in detail sustainability and … optimum growth in China, the US and Europe. Innovation, foreign direct investment, trade and growth dynamics are key elements … model and discusses innovation in an enhanced Mundell-Fleming macro model. Moreover, for the first time it directly links a …

-Schumpeterian economics, namely, innovation and uncertainty. The authors demonstrate how neo-Schumpeterian economics is developing into a … comprehensive economic theory encompassing industry, the public sector and financial markets …pt. I. Industry and innovation -- pt. II. Finance in modern economics -- pt. III. The public sector and the future of …

The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …