During the last two decades a new growth theory has emerged - often
labelled "endogenous economic growth." The contributions in the
book develop these advances into a theoretical framework for
endogenous regional economic growth and explain the implications
for regional economic policies in the perspective of the new
century. Endogenous growth models can reflect increasing returns
and hence refer more adequately to empirical observations than
earlier models, and the models become policy relevant, because in
endogenous growth models policy matters. Such policies comprise
efforts to stimulate the growth of knowledge intensity of the
labour supply and knowledge production in the form of R&D.
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