Strulik, Holger (contributor) - 2005
resources are suboptimally allocated.
While knowledge spillovers and imperfect appropriation of rents by innovators result in … and Helpman (1991) and Aghion and Howitt (1992). Long-run
growth is generated by knowledge spillovers of degree one … common features of these models are knowledge spillovers of less than
degree one and positive population growth. Spillovers …