such applications, a key role is played by complementarities in the process of innovation. …

innovation drive income expansion. Funke and Strulik [2000]. On endogenous growth with physical capital, human capital and … phases, characterized in a temporal order by physical capital accumulation, human capital formation, and innovation, and that … development are possible and show that the model can generate a trajectory in which innovation precedes human capital formation …

effect that domestic innovation and technology diffusion have in explaining differences in productivity across countries and … domestic innovation than lower-income countries, whereas lower-income countries benefit more from technology diffusion; and (ii … innovation and technology diffusion are endogenous sources of comparative advantage …

literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …

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

increase in the share of government purchases in high-tech industries increases the rewards for innovation, and stimulates … findings bring public procurement within the realm of the innovation policy debate. …