literature on international trade, foreign direct investment (FDI), economic geography, and innovation, and compares these with … development, and on the innovation capability of countries. …

We analyze social learning and innovation in an overlapping generations model in which available technologies have … path of a Brownian motion with drift. Marginal innovation consists in choosing a technology within the convex hull of … policies already explored and entails no direct cost. Radical innovation consists in experimenting beyond the frontier of that …

We study social learning and innovation in an overlapping generations model, emphasizing the trade-off between marginal … innovation (combining existing technologies) and radical innovation (breaking new ground). We characterize both short-term and … long-term dynamics of innovation, and the intergenerational accumulation of knowledge. Innovation cycles emerge …

essential role in transforming their national innovation systems so that they can be more adaptable to economic development. The … innovation activities. Balancing import of technology and indigenous R&D effort is another major theme. Innovation capability … influence on choice of innovation at the firm level, i.e., the decision at firm level in terms of indigenous R&D or import of …

main problem is that the market-economy perspective cannot comprehend the process of innovation, including the role of the …

. India's public sector record for implementing and coordinating innovation efforts can be notoriously fragmented and …