We examine productivity growth since World War II in the five leading research economies: West Germany, France, the …}. We present a multicountry model of technological innovation and diffusion which has the implication that, for a wide … range of parameter values, countries converge to a common growth rate, with relative productivities depending on the speed …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

state. Adequate long term emphasis on innovation dynamics is crucial for sustained growth where innovation should include …Key aspects of economic growth and sustainable consumption are highlighted in the context of a modified neoclassical … growth model. If we consider the topic of optimum growth in a broader context the notion of efficient specialization - in …

In this paper we present the so-called Schumpeterian approach to economic growth, in which growth is primarily driven … micro-founded approach both, questions the old divisions between growth and development economics, and also provides the … analytical tools to design successful; strategies and appropriate institutions to achieve fast convergence and sustainable growth …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

growth. International patent data for 40 countries from 1970 to 1985 are used to create proxies for imitation and innovation … both foreign and domestic innovation contribute positively to real per capita GDP growth, foreign technology from developed … indirectly, through reverse-engineering of these goods which contributes to domestic imitation and innovation. This paper first …

both foreign and domestic innovation contribute positively to real per capita GDP growth, foreign technology from developed … indirectly through reverse-engineering of these goods, which contributes to domestic imitation and innovation. This paper first … quantifies spillovers from high-technology imports from developed countries to domestic imitation and innovation in both …

. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve …We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain … the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to …