such applications, a key role is played by complementarities in the process of innovation. …

induced innovation hypothesis. We derive, from a productionfunction framework, testable implications for the effect of … and consistent with the induced innovation hypothesis …

induced innovation hypothesis. We derive, from a production function framework, testable implications for the effect of … and consistent with the induced innovation hypothesis …

revolution is going to be an innovation super-fluctuation. …

in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation … strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that … generates strategic innovation decisions, where multi-product firms improve their products via own-innovation and enter new …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …

of physical capital accumulation, human capital accumulation and innovation drives the rise in China's aggregate income … capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model …