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A Note on Schumpeterian Competition in the Creative Class and Innovation Policy
| Content Provider | Semantic Scholar |
|---|---|
| Author | Batabyal, Amitrajeet A. Yoo, Seung Jick |
| Copyright Year | 2017 |
| Abstract | We study innovation policy in a region in which the members of the creative class engage in Schumpeterian competition and thereby extend aspects of the recent analysis in Batabyal and Yoo (2017). Using the language of these researchers, the creative class is broadly composed of existing and candidate entrepreneurs. In contrast to these researchers, we suppose that R&D by candidate entrepreneurs does not generate any negative externalities. In this setting, we analyze the impact that taxes and subsidies on R&D by existing and candidate entrepreneurs have on R&D expenditures and regional economic growth. |
| Starting Page | 119 |
| Ending Page | 125 |
| Page Count | 7 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://mpra.ub.uni-muenchen.de/80127/1/MPRA_paper_80127.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
