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

. The main contribution of this paper is to model the innovation channel of finance explicitly. The paper focuses … particularly on the interaction term between the measure of own innovation and financial development. As countries approach the … technological frontier, own innovation becomes more important to sustain a high growth rate. An adequate level of financial …

innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …

Innovation in agriculture differs from innovation elsewhere in the economy in several important ways. In this chapter … mean that the nature and extent of market failures in the provision of agricultural research and innovation differ from …. Informal innovation and technical discovery processes characterized agriculture from its beginnings some 10,000 years ago …

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 …

literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …

A frequently made claim in the innovation literature is that important inventions involve the transfer of new knowledge …