Endogenous Growth

Research and Development (R&D)
An exploration of the term 'Research and Development (R&D)', focusing on its definition, historical context, major analytical frameworks, and case studies.
Quality Ladder
A model of product development emphasizing quality improvements to cater to higher-end markets.
Endogenous Growth
Economic growth where the growth rate is determined by the choices of economic agents.
Learning by Doing
The concept that productivity increases through practice and experience.
Two-Sector Endogenous Growth Model
A model in which physical and human capitals are produced in different sectors, leading to endogenous steady-state growth.