Palokangas, Tapio K. (contributor) - 2004 - [Elektronische Ressource]
(exogenously given) productivity of R&D in economy
k. During a short time interval dt, there is an innovation dqj = 1 with …
probability Λjdt, and no innovation dqj = 0 with probability 1−Λjdt.
Because labour inputs zjk are prefect substitutes in the …, Princeton.
Grossman, G. and Helpman, E., 1991. Innovation and Growth. Cambridge
(Mass.): The MIT Press.
Howitt, P., 2000 …