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Crecimiento endógeno: conocimiento y patentes

Oscar A. Benavides G. () and Clemente Forero P. ()
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Oscar A. Benavides G.: Escuela Colombiana de Ingeniería
Clemente Forero P.: Universidad del Rosario

Revista de Economía Institucional, 2002, vol. 4, issue 6, 109-131

Abstract: This document develops an endogenous growth model in which it is possible to obtain a positive long run growth rate by combining investment in human capital and the endogenous advance of technological knowledge. The model shows the complementary characteristics of the two kinds of knowledge and implies the abandonment of the competitive equilibrium model because of the non-rival nature of technological knowledge. The model also shows the presence of multiple equilibria and the requirement of a central planner for some of them.

Keywords: endogenous growth; human capital; technological knowledge; competence; multiple equilibrium (search for similar items in EconPapers)
JEL-codes: E22 O15 O32 O49 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (2)

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