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Technology / Business / Economic theories / Manufacturing / Productivity / Pareto distribution / Endogenous growth theory / Parameter / Economic growth / Economics / Macroeconomics
Date: 2014-09-16 16:26:08
Technology
Business
Economic theories
Manufacturing
Productivity
Pareto distribution
Endogenous growth theory
Parameter
Economic growth
Economics
Macroeconomics

Innovation as a search process: The Kortum model Kortumdeveloped a growth model in which innovation is portrayed as a search process. This section shows how our basic Schumpeterian model can be modi…ed to incor

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