Inflation and Innovation-Driven Growth

Innovation-driven growth in India

The Effect of Property Rights on Entrepreneurship:Evidence from Some Factor-driven, Efficiency-driven, and Innovation-driven Countries

Entrepreneurship is influenced by many factors and environments such as institutions. Institutions have an important role to play in the individual's tendency toward necessity and opportunity entrepreneurship. The purpose of this paper was to examine the impact of institutional quality (property rights) on opportunity and necessity entrepreneurship. The results, based on unbalanced panel data f...

Exploring the Unknown On Entrepreneurship, Coordination and Innovation Driven Growth

Notwithstanding the revival of attention recently displayed by the economic discipline about self-sustained processes of economic growth fueled by technological advances, an enormous gap still remains between what we historically know about technical change and its economic exploitation, one the one hand, and the ways we represent them in formal growth models, on the other. Building on some gen...

More Apples vs. Better Apples: Distribution and Innovation-Driven Growth

We model distribution, the delivery of goods to customers, as an activity governed by its own technology and undertaken by firms subsequently to production operations. We then use the model to investigate how distribution shapes innovation-driven economic growth. We contrast two canonical specifications of distribution costs, iceberg vs. per-unit, and characterize their implications for innovat...

Spin-driven Inflation

Following recent studies of Ford, we suggest – in the framework of general relativity – an inflationary cosmological model with the self-interacting spinning matter. A generalization of the standard fluid model is discussed and estimates of the physical parameters of the evolution are given. ) Permanent address: Department of Theoretical Physics, Moscow State University, 117234 Moscow, Russia. ...