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 …

traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by … recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms' products) is expected to gain …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …