Cozzi, Guido; Giordani, Paolo E. - Department of Economics, Adam Smith Business School
standard neo-Schumpeterian growth framework we assume that, when deciding upon R&D efforts, economic agents hold ‘ambiguous … intrinsically uncertain. In a standard neo-Schumpeterian growth
framework we assume that, when deciding upon R&D e�orts, economic … countries.
Keywords: Schumpeterian growth, ambiguity, cultural attitude towards
Ambiguity, arrival rate of innovation, R …