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Economic growth, Technological progress, Innovations, Random growing network, Ideas, Scale-free distributions 1
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Free 1
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Book / Working Paper 1
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Working Paper 1
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English 1
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Ghiglino, Christian 1
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Working Paper 1
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EconStor 1
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Balanced growth with a network of ideas
Ghiglino, Christian - 2005
We propose a model of economic growth in which technological progress is modelled as an expanding random network of ideas. New ideas are created by combining successful old ideas. Old ideas are chosen according to their visibility as ideas, success as generators of innovations and age but the...
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