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Original Articles

A dynamic model of optimal investment in research and development with international knowledge spillovers

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Pages 125-133 | Published online: 16 Feb 2007

References

References

  • Hutschenreiter G Kaniovski Yu.M Kryazhimskii AV 1995 Endogenous growth, absorptive capacities, and international R&D spillovers IIASA Working Paper WP-95-92, International Institute for Applied Systems Analysis, Laxenburg, Austria
  • Grossman GM Helpman E 1991 Innovation and Growth in the Global Economy Cambridge Massachusetts MIT Press
  • Aseev S Hutschenreiter G Kryazhimskii A 2002 Dynamical model of opimal allocation of resources to R&D IIASA Interim Report IR-02-016. International Institute for Applied Systems Analysis, Laxenburg, Austria
  • Aseev S Hutschenreiter G Kryazhimskii A 2002 Optimal investment in R&D with international knowledge spillovers WIFO Working Paper WP-175, Austrian Institute of Economic Research, Vienna, Austria
  • Pontryagin LS Boltyanskii VG Gamkrelidze RV Mischenko EF 1962 The Mathematical Theory of Optimal Processes New York Wiley – Interscience
  • Halkin , H . 1974 . Necessary conditions for optimal control problems with infinite horizons . Econometrica , 42 : 267 – 272 .
  • Aseev SM Kryazhimskii AV Tarasyev AM 2001 First order necessary optimality conditions for a class of infinite-horizon optimal control problems IIASA Interim Report IR-01-007. International Institute for Applied Systems Analysis, Vienna, Austria
  • Balder , EJ . 1983 . Existence result for optimal economic growth problems . Journal of Mathematical Applications , 95 : 195 – 213 .

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