Endogenous Growth Theory

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Publisher : MIT Press
ISBN 13 : 9780262011662
Total Pages : 720 pages
Book Rating : 4.0/5 (116 download)

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Book Synopsis Endogenous Growth Theory by : Philippe Aghion

Download or read book Endogenous Growth Theory written by Philippe Aghion and published by MIT Press. This book was released on 1998 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Problems and solutions by Cecilia Garcâia-Peänalosa in collaboration with Jan Boone, Chol-Won Li, and Lucy White." Includes bibliographical references (p. [665]-687) and index.

Endogenous Innovation

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Publisher : Edward Elgar Publishing
ISBN 13 : 178254514X
Total Pages : 304 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Endogenous Innovation by : Cristiano Antonelli

Download or read book Endogenous Innovation written by Cristiano Antonelli and published by Edward Elgar Publishing. This book was released on with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ground-breaking new book builds upon the Schumpeterian creative response. The author shows that firms, in out-of-equilibrium conditions, try and react by means of introducing innovations. The success of their reaction is contingent upon their access conditions to knowledge, which are shaped by the system in which they operate. The emergence of new innovations can, in turn, knock firms further out-of-equilibrium and cause changes in the system properties that govern their access to external knowledge. This path dependent loop of interactions between the system properties and the individual actions of firms, accounts for endogenous innovation and the dynamics of the system.

Macroeconomic Modelling of R&D and Innovation Policies

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9783030714567
Total Pages : 211 pages
Book Rating : 4.7/5 (145 download)

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Book Synopsis Macroeconomic Modelling of R&D and Innovation Policies by : Ufuk Akcigit

Download or read book Macroeconomic Modelling of R&D and Innovation Policies written by Ufuk Akcigit and published by Palgrave Macmillan. This book was released on 2021-12-03 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions from a number of leading economists in the field. It provides a comprehensive overview of the current academic and policy challenges surrounding R&D as well as of the state-of-the-art modelling techniques. The book brings to the forefront outstanding issues related to the assessment of the macroeconomic impact of R&D policies and its modelling. It speaks to the rising importance of R&D and innovation policy, and the proliferation of macroeconomic models featuring endogenous technological change. The contents of this book will be of interest to both academic and policy audiences working in the fields of R&D and innovation.

Endogenous Innovations and Knowledge Spillovers

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642576966
Total Pages : 283 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Endogenous Innovations and Knowledge Spillovers by : Werner Smolny

Download or read book Endogenous Innovations and Knowledge Spillovers written by Werner Smolny and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent development of endogenous growth theories has renewed the in terest into the sources of productivity growth of the advanced industrialized economies. The basic advance of these models is that the evolution of tech nological progress is explained endogeneously within the economic model. The most important concept is the idea of endogenous, market-driven inno vations which are seen as the basic source of technological advances. Firms develop sophisticated production techniques and new products in order to reduce costs or to stimulate demand. Equally important is the concept of knowledge spillovers from innovation activities and scale economies associ ated with them. External effects drive a wedge between private and social re turns of innovation activities, and scale economies affect the market structure. In addition, each year's productivity increases exhibit an enormous social value. Therefore, the analysis of endogenous innovations, scale economies, and knowledge spillovers has important implications for economic policy which enhances the interest into empirical investigations of these issues. This book is a collection of theoretical and empirical work on this subject. It combines micro economic and macroeconomic issues; a special emphasis is placed on empirical applications. Much work has been devoted to the search and the preparation of appropriate data, and all models are estimated with panel data. The first two chapters take an aggregate view at the growth process.

The Economics of Growth

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Publisher : MIT Press
ISBN 13 : 0262553104
Total Pages : 519 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Economics of Growth by : Philippe Aghion

Download or read book The Economics of Growth written by Philippe Aghion and published by MIT Press. This book was released on 2024-09-17 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.

Endogenous Innovation in the Theory of Growth

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Endogenous Innovation in the Theory of Growth by : Gene M. Grossman

Download or read book Endogenous Innovation in the Theory of Growth written by Gene M. Grossman and published by . This book was released on 1993 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous growth'. Then we discuss the empirical evidence that bears on the modeling of long-run growth. Finally, we describe in more detail a model of growth based on endogenous technological progress and discuss the lessons that such models can teach us.

Endogenous Development

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Publisher : Psychology Press
ISBN 13 : 9780415285797
Total Pages : 248 pages
Book Rating : 4.2/5 (857 download)

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Book Synopsis Endogenous Development by : Antonio Vázquez Barquero

Download or read book Endogenous Development written by Antonio Vázquez Barquero and published by Psychology Press. This book was released on 2002 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The beginning of the twenty first century has been characterized by the expansion of economics, politics and institutional relations. this book illustrates the local answer to the challenge of increasing competition.

Path Dependence, Endogenous Innovation, and Growth

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Path Dependence, Endogenous Innovation, and Growth by : Stephen J. Redding

Download or read book Path Dependence, Endogenous Innovation, and Growth written by Stephen J. Redding and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article presents a model of endogenous innovation and growth, in which technological change is path dependent. The historical pattern of technological development plays a central role in determining the pace of future technological change. Path dependence is explained using a distinction between fundamental and secondary knowledge. The economy moves endogenously between periods of drastic and nondrastic innovation. Technological lock-in is shown to be a special case of path dependence. The model provides a rationale for cycles in technological leadership. This rationale exists in equilibria with positive levels of fundamental research and in a world with no imitation.

Growth Through Heterogeneous Innovations

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (97 download)

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Book Synopsis Growth Through Heterogeneous Innovations by : Ufuk Akcigit

Download or read book Growth Through Heterogeneous Innovations written by Ufuk Akcigit and published by . This book was released on 2015 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study how external versus internal innovations promote economic growth through a tractable endogenous growth framework with multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in external R&D to acquire new product lines and in internal R&D to improve their existing product lines. A baseline model derives the theoretical implications of weaker scaling for external R&D versus internal R&D, and the resulting predictions align with observed empirical regularities for innovative firms. Quantifying a generalized model for the recent U.S. economy using matched Census Bureau and patent data, we observe a modest departure for external R&D from perfect scaling frameworks.

Innovation and the Growth of Cities

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Publisher : Edward Elgar Publishing
ISBN 13 : 1843766930
Total Pages : 262 pages
Book Rating : 4.8/5 (437 download)

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Book Synopsis Innovation and the Growth of Cities by : Zoltán J. Ács

Download or read book Innovation and the Growth of Cities written by Zoltán J. Ács and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zoltan Acs explores the relationship between industrial innovation and economic growth at regional level and reaches conclusions as to why some regions grow and others decline. The book focuses on innovation and the growth of cities by the use of endogenous growth theory.

ENDOGENOUS INNOVATION IN THE THEORY OF GROWTH.

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (184 download)

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Book Synopsis ENDOGENOUS INNOVATION IN THE THEORY OF GROWTH. by :

Download or read book ENDOGENOUS INNOVATION IN THE THEORY OF GROWTH. written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Endogenous Innovation and Growth

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Publisher :
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Endogenous Innovation and Growth by : Pierre Fortin

Download or read book Endogenous Innovation and Growth written by Pierre Fortin and published by . This book was released on 1995 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Endogenous Development

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Publisher : Routledge
ISBN 13 : 1134449933
Total Pages : 241 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Endogenous Development by : Antonio Vazquez-Barquero

Download or read book Endogenous Development written by Antonio Vazquez-Barquero and published by Routledge. This book was released on 2002-05-23 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The beginning of the twenty first century has been characterized by the expansion of economics, politics and institutional relations. this book illustrates the local answer to the challenge of increasing competition.

Theory of Innovation

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Publisher : Springer Science & Business Media
ISBN 13 : 3319021834
Total Pages : 161 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Theory of Innovation by : Jati Sengupta

Download or read book Theory of Innovation written by Jati Sengupta and published by Springer Science & Business Media. This book was released on 2013-10-04 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.

Path Dependence, Endogenous Innovation, and Growth

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Publisher :
ISBN 13 : 9780753012826
Total Pages : 37 pages
Book Rating : 4.0/5 (128 download)

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Book Synopsis Path Dependence, Endogenous Innovation, and Growth by : Stephen Redding

Download or read book Path Dependence, Endogenous Innovation, and Growth written by Stephen Redding and published by . This book was released on 1999 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technological Innovation Across Nations

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Publisher : Springer Science & Business Media
ISBN 13 : 3642001580
Total Pages : 207 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Technological Innovation Across Nations by : Marina van Geenhuizen

Download or read book Technological Innovation Across Nations written by Marina van Geenhuizen and published by Springer Science & Business Media. This book was released on 2009-04-05 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is the driving force behind economic growth. The knowledge that f- ters innovation builds on both systematic research and serendipity. The availability of new knowledge—be it technological or organizational (social)—is, however, - suf?cient. An institutional structure must be in place that enhances mutual learning among the actors involved and that stimulates cooperation, as well as competition. This recognition has inspired this volume, which focuses on national innovation s- tems and sectoral (technology) innovation systems that differ widely between co- tries, due to their diverse historical paths and distinctive cultural and societal f- tures. With regard to theory, most chapters incorporate a mix of endogenous growth theory and evolutionary thinking. Endogenous growth theory places an emphasis on the interplay between technological knowledge and various structural charact- istics of the economy and society, as well as on the results of economic growth. Concepts related to technology development, accumulation of knowledge on te- nology, and technology diffusion feature prominently here. In evolutionary thi- ing, and in particular coevolutionary thinking, the focus is on close links between technology and institutions, whereby the functionality of technology is in?uenced by certain dynamic interactions with institutional systems. Information technology turns out to be a clear example of such a development.

The Evolutionary Complexity of Endogenous Innovation

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Publisher : Edward Elgar Publishing
ISBN 13 : 1788113799
Total Pages : 243 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis The Evolutionary Complexity of Endogenous Innovation by : Cristiano Antonelli

Download or read book The Evolutionary Complexity of Endogenous Innovation written by Cristiano Antonelli and published by Edward Elgar Publishing. This book was released on with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion of endogenous innovation as the outcome of the creative response of firms to out-of-equilibrium conditions is the cornerstone of the new evolutionary complexity. This book elaborates and applies the theoretical framework established in the author’s previous work Endogenous Innovation: The Economics of an Emergent System Property. This volume carefully explores the role of the reactivity of firms to out-of-equilibrium conditions. It also examines the quality of knowledge governance mechanisms in assessing the levels of externalities that define the likelihood of creative responses, as an alternative to adaptive responses.