Abstract
This paper discusses the relative merits of discrete versus continuous perspectives on innovation, technical change, and economic growth. It discusses the innovation time series literature in some detail to extract the continuous and clustering properties of the historical record on innovation. It then proposes a mosaic/avalanche model based on percolation theory and self-organized criticality to address this question.
Original language | English |
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Pages (from-to) | 1275-1289 |
Journal | Research Policy |
Volume | 31 |
DOIs | |
Publication status | Published - 1 Jan 2002 |