political elites. The model takes a rent-seeking government that can block innovation, and incorporates it into a Schumpeterian … growth model. The quality of a country's institutions is reflected in the cost of innovation blocking. An increase in the … level of innovation blocking activity will reduce the rate of innovation and therefore reduce growth. The government also …

We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …

We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …

based on home-grown innovation to increase productivity, policies supporting the preservation and development of the …

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

This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained … developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan …-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of …

This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained … developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan …-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of …