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A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...
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Knowledge triggers regional growth. Evidence suggests that skilled labour force concentrates in islands of innovation … increasing returns to knowledge, favouring the emergence of islands of innovation; regions with a high endowment of cognitive …
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Growth theories and space -- Development theories : regional production factors -- Development theories : innovation …
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We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …
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