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Innovation and technological progress are the key determinants of long-run economic growth and welfare. Therefore, an … important question is, how can public policy encourage more innovation? In this chapter, I review some of the empirical findings … from various recent studies on innovation and firm dynamics that can shed light on the design of innovation policy. The …
Persistent link: https://www.econbiz.de/10012793165
This survey reviews the literature on firm dynamics, innovation and growth aiming to better understand the main … channels through which innovation affects the performance of modern economies. Since innovations fundamentally diffuse through … firm dynamics and innovation. …
Persistent link: https://www.econbiz.de/10012793167
in assessing the impact of R&D and innovation policies. Leading academics presented state-of-the-art macroeconomic models … in the area of economic growth and innovation. It follows a debate between academics and practitioners trying to figure … out the key elements of a macro model designed to evaluate innovation policies should include. …
Persistent link: https://www.econbiz.de/10012793168