What are the sources of economic growth? This paper presents a multicountry growth model of innovation and the adoption … of foreign technologies through trade. The costs of both domestic innovation and adopting foreign innovations are … estimated using data on innovation, output and trade. A decomposition of the sources of growth shows that technology adoption …

We provide a unified framework for quantifying the cross-country and cross-sector interactions among trade, innovation … advantage and the stock of knowledge are determined by innovation and diffusion. We calibrate the model to match observed cross …-country and cross-sector heterogeneity in production, innovation efficiency and knowledge spillovers. Our counterfactual analysis …

I develop a multicountry-model in which economic growth is driven mainly by domestic innovation and the adoption of … foreign technologies embodied in traded intermediate goods. Fitting the model to data on innovation, output per capita, and … trade in varieties for the period 1996-2007, I estimate the costs of both domestic innovation and adopting foreign …

We provide a unified framework for quantifying the cross country and cross-sector interactions among trade, innovation … model in which comparative advantage and the stock of knowledge are determined by innovation and diffusion. A reduction in … trade costs induces a re-allocation of comparative advantage in production and innovation across sectors, which translates …

This survey reviews the literature on firm dynamics, innovation and growth aiming to better understand the main … channels through which innovation affects the performance of modern economies. Since innovations fundamentally diffuse through … firm dynamics and innovation. …

The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, is the key parameter in determining sustained growth in a model with endogenous technological change. This paper … takles the extremely important task of identifying and estimating a production function of innovation for European regions …