Innovate to Lead or Innovate to Prevail : When do Monopolistic Rents Induce Growth? /

This paper extends the Schumpeterian model of creative destruction by allowing followers' cost of innovation to increase in their technological distance from the leader. This assumption is motivated by the observation the more technologically ad- vanced the leader is, the harder it is for a fol...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Piazza, Roberto
مؤلفون آخرون: Zheng, Yu
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/294
الوصول للمادة أونلاين:Full text available on IMF