Competing incremental and breakthrough innovation in a model of product evolution

DOI10.1007/s00712-017-0568-yzbMath1408.91120OpenAlexW2756439403MaRDI QIDQ1654183

Colin Davis, Yasunobu Tomoda

Publication date: 7 August 2018

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00712-017-0568-y

zbMATH Keywords

endogenous economic growthproduct cyclesbreakthrough innovationincremental innovationproduct evolution

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economic growth models (91B62)

Cites Work

• Animal spirits and the composition of innovation in a lab-equipment R\&D model with transition
• Scale effects in endogenous growth theory: an error of aggregation not specification
• Innovation by entrants and incumbents
• Semi-endogenous versus Schumpeterian growth models: testing the knowledge production function using international data
• Competition and product cycles with non-diversifiable risk
• A multisectoral general equilibrium model of Schumpeterian growth and fluctuations
• The microeconomics of an R\&D-based model of endogenous growth
• Competition, innovation, and the effect of R\&D knowledge
• The Manhattan metaphor
• Sunk Costs, Market Structure, and Growth
• The long-run growth effects of R \& D subsidies

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