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The Lindahl equilibrium in Schumpeterian growth models: Knowledge diffusion, social value of innovations and optimal R&D incentives
Gray, Elie; Grimaud, André - Toulouse School of Economics (TSE) - 2014
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion. Assuming that knowledge...
Persistent link: https://www.econbiz.de/10011004750
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The Lindahl equilibrium in Schumpeterian growth models: Knowledge diffusion, social value of innovations and optimal R&D incentives
Gray, Elie; Grimaud, André - Institut d'Économie Industrielle (IDEI), Toulouse … - 2014
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion. Assuming that knowledge...
Persistent link: https://www.econbiz.de/10010968934
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The Lindahl equilibrium in Schumpeterian growth models : knowledge diffusion, social value of innovations and optimal R&D incentives
Gray, Elie; Grimaud, André - In: Journal of evolutionary economics : JEE 26 (2016) 1, pp. 101-142
Persistent link: https://www.econbiz.de/10011606736
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The Lindahl equilibrium in Schumpeterian growth models : knowledge diffusion, social value of innovations and optimal R&D incentives
Gray, Elie; Grimaud, André - 2014
Persistent link: https://www.econbiz.de/10010351385