inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …

This paper studies the effect of climate change mitigating policies on innovation in clean energy technologies. Results … significant contribution to the increase in clean innovation. These effects generally materialized quickly, within 2 to 3 years of … at electricity innovation in particular, the paper finds that the estimated effect on total innovation is positive on net …

traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by … recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms' products) is expected to gain …

This paper extends the Schumpeterian model of creative destruction by allowing followers' cost of innovation to …