We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …

The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale …-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two … separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and …

We develop a dynamic stochastic general-equilibrium model of science, education and innovation to explain the … simultaneous emergence of innovation clusters and stochastic growth cycles. Firms devote human-capital resources to research … sustainable process of innovation and scale-invariant growth. Jumps in human capital, triggered by scientific breakthroughs …

dichotomous Innovation data at the firm level by using a bivariate dynamic random effects probit model. The data set, provided by …