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- W2044469884 abstract "Modern growth theory argues that intellectual spillovers--idea flows among individuals that are not mediated by the market--are a linchpin of economic progress. In Paul Romer's seminal work, endogenous economic growth requires increasing returns. 1 Without nonmarket intellectual spillovers or some form of externality, increasing returns and economic competition cannot coexist. In Romer's now canonical model of growth, idea flows are seen as the basis for economic progress; the robust relationship between human capital and economic growth has been taken as support for the importance of these intellectual spillovers." @default.
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- W2044469884 date "2000-01-01" @default.
- W2044469884 modified "2023-09-25" @default.
- W2044469884 title "The Future of Urban Research: Non-Market Interactions" @default.
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- W2044469884 doi "https://doi.org/10.1353/urb.2000.0004" @default.
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