Strulik, Holger (contributor); Weisdorf, Jacob (contributor) - 2008
as sewerage, water
toilets, central heating, clinical devices, vaccines, pharmaceuticals and medical knowledge in
3To … in industrial knowledge, measured by Mt, to be a good proxy for
this. Specifically, it is assumed that ¯pit = ¯pi … specifically, output, as well as new knowledge,
occurs according to the following production functions:
Y At = µAεt(LAt )α = At+1 …