A model of Schumpeterian dynamics

Jati Sengupta

Applied Economics Letters, 2001, vol. 8, issue 2, 81-84

Abstract: Two key element of Schumpeterian dynamics - new innovations in technology and creative destruction - are used here to develop a growth model, which is then applied empirically for two economies: Japan and Korea in their rapid phases of growth.

Date: 2001
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DOI: 10.1080/13504850150204101

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