Showing 11 - 20 of 56,261
We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first part, we present different versions of the benchmark linear model with imperfect competition. These include the “labequipment” model, labor-for-intermediates” and...
Persistent link: https://www.econbiz.de/10005772070
the peculiarities of knowledge as a public good. In this paper we aim at studying more deeply the latter concern. Hence we … description of the formation of knowledge externalities. In our framework a benevolent government buys immediately new patents in …; conversely, transition dynamics and the capital to knowledge ratio are affected by the choice of the policy parameter. We then …
Persistent link: https://www.econbiz.de/10013020858
knowledge at all times in a serendipitous way, the industrial revolution is an inevitable outcome. The paper characterizes the …
Persistent link: https://www.econbiz.de/10010472600
revolution through entrepreneurs’ role for the accumulation of useful knowledge. While learning-by-doing in agriculture …
Persistent link: https://www.econbiz.de/10010398784
; Long Waves ; Business Cycles ; Dominant design ; Pervasiveness of technologies ; Neo-Schumpeterian economics …
Persistent link: https://www.econbiz.de/10009625651
(lower) resource income, lower (higher) employment in the resource-intensive sector, higher (lower) knowledge creation and …
Persistent link: https://www.econbiz.de/10008746491
This paper analyzes how changing the expected length of intellectual property right (IPR) protection affects growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011443629
This paper develops a quality-ladder model of endogenous growth to study the interplay between in-house R&D and marketing expenditure. Although promotional activity is modelled as purely wasteful competition among firms for attention, it unambiguously fosters innovation activity of firms, and...
Persistent link: https://www.econbiz.de/10011509334
takes place, if and only if, there are some property rights of private knowledge produced by R&D activities. In turn, the …
Persistent link: https://www.econbiz.de/10011291288
This paper analyzes how changing the expected length of intellectual property (IP) protection affects economic growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011700533