A model of Schumpeterian dynamics

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.

Bibliographic Details

Published in:	Applied economics letters 2001-02, Vol.8 (2), p.81-84
Main Author:	Sengupta, Jati K.
Format:	Article
Language:	English
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Online Access:	Get full text
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