innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

knowledge of new inventors effect the performance of regional innovation systems (RIS). The results suggest that the knowledge … considerable number of incumbent inventors discontinue. We estimate the persistence of knowledge in regional inventor networks … using alternative assumptions about knowledge transfer. Based on these estimates we analyze how the size and structure of a …

We investigate the role played by different fields of academic knowledge and various types of higher education … different indicators for these types of knowledge, the strongest effects are found for the number of professors, followed by the … the regional knowledge stock than the number of students that is most important for the emergence of innovative stat-ups. …