Grossmann, Volker (contributor); … - 2008
-production (“R&D“) labor like scientists, engineers or
managers. In line with the IO literature on innovation activities (e … context of vertical innovation models.
14
Second, note that raising produc-
tivity B has a lower effects on the wage rate w the …, see Jones (2005).
13
See the proof of Lemma 1 in Appendix.
14
In vertical innovation models, R&D is targeted to …