Showing 1 - 10 of 10,958
Persistent link: https://www.econbiz.de/10009489613
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
concerning the nature and structure of technological knowledge, the sources of novel opportunities, the dynamics through which … diffusion affect growth and survival probabilities of heterogeneous firms. The processes of knowledge accumulation and diffusion … cycles influence the patterns of industrial organization—including size distributions, degrees of concentration, relative …
Persistent link: https://www.econbiz.de/10014025173
the peculiarities of knowledge as a public good. In this paper we aim at studying more deeply the latter concern. Hence we … description of the formation of knowledge externalities. In our framework a benevolent government buys immediately new patents in …; conversely, transition dynamics and the capital to knowledge ratio are affected by the choice of the policy parameter. We then …
Persistent link: https://www.econbiz.de/10013020858
revolution through entrepreneurs’ role for the accumulation of useful knowledge. While learning-by-doing in agriculture …
Persistent link: https://www.econbiz.de/10010398784
knowledge at all times in a serendipitous way, the industrial revolution is an inevitable outcome. The paper characterizes the …
Persistent link: https://www.econbiz.de/10010472600
-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard … Schumpeterian growth model by introducing explicitly knowledge diffusion over a Salop (1979) circle: a continuum of sectors … simultaneously sending and receiving knowledge is located over the circle. The link between knowledge diffusion and scale effects …
Persistent link: https://www.econbiz.de/10011515411
(lower) resource income, lower (higher) employment in the resource-intensive sector, higher (lower) knowledge creation and …
Persistent link: https://www.econbiz.de/10008746491
This paper analyzes how changing the expected length of intellectual property right (IPR) protection affects growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011443629
This paper develops a quality-ladder model of endogenous growth to study the interplay between in-house R&D and marketing expenditure. Although promotional activity is modelled as purely wasteful competition among firms for attention, it unambiguously fosters innovation activity of firms, and...
Persistent link: https://www.econbiz.de/10011509334