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...
| Главный автор: | |
|---|---|
| Другие авторы: | |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2019/294 |
| Online-ссылка: | Full text available on IMF |