Endogenous innovation waves and economic growth
نویسندگان
چکیده
منابع مشابه
Endogenous innovation waves and economic growth
We propose a simple model where large innovation waves arise from the endogenous propagation of information around sectors. Innovators of each sector invest in internal R&D and in local search for information. We show that depending on the structural parameters of the single sectors, some of the R&D sectors will engage in local search while others will not. Through localised search for informat...
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ژورنال
عنوان ژورنال: Structural Change and Economic Dynamics
سال: 2005
ISSN: 0954-349X
DOI: 10.1016/j.strueco.2004.08.003