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For Kaldor (1972), economic growth is the resultant of a chain-reaction between increases in supply and increases in demand. In order to show the interest of this view, I represent this growth process by an entrepreneurial growth model based on the principle of effective demand. The aggregate...
Persistent link: https://www.econbiz.de/10010708650
construction and market services. Looking for possible explanations of the decline, a marked slowdown in innovation emerged as the … most likely cause. It concludes that, if no new wave of innovation materialises, comparable in size to the one of the late …. Only a recovery in innovation itself could trigger a sustainable recovery in productivity in the major OECD countries. …
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framework. In France the innovation phase took place very early, as a result of a long tradition of economic calculation. The … French case demonstrates the link between management innovation and the social and economic environment. This link appears to …
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Patent pools are cooperative agreements between two or more firms to license their related patents as a bundle. In a continuous-time model of multistage innovations, we characterize firms’ incentives to perform R&D when they anticipate the possibility of starting a pool of complementary...
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varieties (IVs) in relation to (1) their engagement with the agricultural knowledge and innovation system (AKIS) and (2) their …
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criticism of the pure and perfect competition theory. Concluding, the author insists on innovation, especially on the model of … open innovation. …
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