endogenous growth model where selection and imitation play a fundamental role in helping capital good producers to learn about … technical progress and selection of around 60%. …

greater hit score increases market size. A selection effect by which consumers are more picky and select higher quality goods …

: imitation of Northern products; imitation and innovation; and finally, innovation only. In particular, the model has the … that the possible equilibria depend on cross-country assimilation effects and the ease of imitation. We then apply the …

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …