The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability...

The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability...

This study examines the impact of regional innovation factors and their dynamic interactions on regional economic growth. Using a 10-year panel dataset from 17 provinces and cities in South Korea, we analyze the data using panel data regression and explore non-linear relationships with the...