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Innovation, industrial dynamics and economic growth
Stadler, Manfred - 2015
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
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Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework
Aghion, Philippe; Howitt, Peter - 2005
In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
Persistent link: https://www.econbiz.de/10014023785
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Liquidity, innovation, and endogenous growth
Malamud, Semyon; Zucchi, Francesca - 2016
We build a model of endogenous, innovation-driven growth in which innovative firms have costly access to outside …
Persistent link: https://www.econbiz.de/10011412323
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Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
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Chapter 3. Technical Change and Industrial Dynamics as Evolutionary Processes
Dosi, Giovanni; Nelson, Richard R. - 2010
in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …
Persistent link: https://www.econbiz.de/10014025173
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Chapter 1. What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - 2014
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
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Chapter 1. Culture, Entrepreneurship, and Growth
Doepke, Matthias; Zilibotti, Fabrizio - 2014
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10014025610
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Growth and parental preference for education in China
Chu, Angus C.; Furukawa, Yuichi; Zhu, Dongming - In: Journal of macroeconomics 49 (2016), pp. 192-202
Persistent link: https://www.econbiz.de/10011707834
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Technological change and employment : creative destruction
Nathan, Dev; Ahmed, Neetu - In: The Indian journal of labour economics : a quarterly … 61 (2018) 2, pp. 281-298
Persistent link: https://www.econbiz.de/10012249368
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A matching model of endogenous growth and underground firms
Lisi, Gaetano; Pugno, Maurizio - In: International journal of economic theory 11 (2015) 4, pp. 347-369
Persistent link: https://www.econbiz.de/10011415569