For most of history, business operated on instinct. Enterprises thrived or failed based on the intuition of the men and women who ran them. Entrepreneurs were celebrated for their innate understanding ...
Annals of Economics and Statistics, No. 155 (September 2024), pp. 3-44 (42 pages) We formalize inter-sectoral knowledge diffusion in a standard fully endogenous Schumpeterian growth model. Each sector ...
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