Figini, Paolo (contributor); Görg, Holger (contributor) - 2006
-biased technological progress in models of endogenous
innovation (Acemoglu, 2003b; Dinopoulos and Segerstrom, 1999; Neary, 2002). For an …. In the status quo, the
economy only uses the old technology, and new technologies are introduced through
innovation on … depends on the ratio of skilled workers
(who experiment with the new technology in the innovation sector) to unskilled …