The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale …-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two … separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and …

We develop a dynamic stochastic general-equilibrium model of science, education and innovation to explain the … simultaneous emergence of innovation clusters and stochastic growth cycles. Firms devote human-capital resources to research … sustainable process of innovation and scale-invariant growth. Jumps in human capital, triggered by scientific breakthroughs …

dichotomous Innovation data at the firm level by using a bivariate dynamic random effects probit model. The data set, provided by …

We develop a dynamic general equilibrium model of education, quality and variety innovation, and scale-invariant growth …. The early endogenous innovation-based growth models incorporate a scale effect predicting that larger economies are …-R&D-sector model of quality and variety innovation is that education and innovation appear as twin-engines of growth and that steady …