Exploring Growth Trajectories
AbstractIn this article we try an exploration, by means of a few simple exercises, of the consequences of introducing into a standard endogenous-growth model with expanding product variety the possibility that the invention process of the new blueprints may follow more than one single predetermined trajectory. The main motivations are a slightly more realistic formalization of entrepreneurial creativity with spillovers and the greater flexibility of the economic results. Copyright 1997 by Kluwer Academic Publishers
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Bibliographic InfoArticle provided by Springer in its journal Journal of Economic Growth.
Volume (Year): 2 (1997)
Issue (Month): 4 (December)
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Web page: http://www.springerlink.com/link.asp?id=102931
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