Modern economic growth is characterized by structural changes based on the introduction of new technologies into economics. The replacement and renova tion of technologies in industrial environments undergoing technical change is clearly one of the key aspects of economic development. The mathematical modeling of evolutionary economics under technical change (TC) has been rigorously considered by many authors during last decades. There is a wide variety of economic approaches and models describing different aspects of technical change. Among these are the models of embodied technical progress...
Modern economic growth is characterized by structural changes based on the introduction of new technologies into economics. The replacement and renova...