INOVAČNÉ PROCESY Z POHĽADU TEÓRIE ENDOGÉNNEHO RASTU

• Authors: Dujava Daniel

Title variants

EN

Innovation processes from the viewpoint of the theory of endogenous growth

• Languages of publication: SK

Abstracts

EN

We summarize main effects which lead to the innovation rate in real economy being different from social optimum. From the viewpoint of theory of economic growth, it is possible that market subjects innovate less but also more than socially optimal. Intensity of competition is one of the most important determinants of innovation rate. We list main policy instruments which can influence rate of innovation.

Keywords

EN

DYNAMIC EFFICIENCY; COMPETITION; INNOVATIONS; STATIC EFFICIENCY

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2013
• Volume: 61
• Issue: 6
• Pages: 618 – 633

Contributors

author

Dujava Daniel

• Ekonomická univerzita v Bratislave, Národohospodárska fakulta, Katedra ekonomickej teórie, Dolnozemská cesta 1, 852 32 Bratislava, Slovak Republic