Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/90795 
Year of Publication: 
1998
Series/Report no.: 
Memorandum No. 23/1998
Publisher: 
University of Oslo, Department of Economics, Oslo
Abstract: 
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the discrete choice models of product differentiation.
Subjects: 
economic growth
research and development
innovations
JEL: 
O41
O31
O32
Document Type: 
Working Paper

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