Innovation and Growth: Theory

Omar Licandro ()

Chapter Chapter 3 in Macroeconomic Modelling of R&D and Innovation Policies, 2022, pp 23-61 from Palgrave Macmillan

Abstract: Abstract 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 a complex process of firm and product creation and destruction, this survey concentrates on the recent literature on firm dynamics and innovation.

Keywords: Macroeconomic modeling; Innovation and growth theory; Firm heterogeneity; Creative destruction; Diffusion; Entry-exit (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-3-030-71457-4_3

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DOI: 10.1007/978-3-030-71457-4_3

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