Batabyal, Amitrajeet; Nijkamp, Peter - In: Networks and Spatial Economics 14 (2014) 3, pp. 605-628
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 … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …