Saini, Swati; Mehra, Meeta - In: Review of Economic Analysis : REA 16 (2024) 2, pp. 175-220
The existing body of literature underscores the crucial role of technology, driven by both innovation and imitation, in fostering economic growth. Human capital emerges as a key factor influencing technology adoption and innovation.We consider a R&D-based growth model to analyze how improvement...