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During the last 40 years, economics of innovation has emerged as a distinct area of enquiry at the crossing of the …, elaboration and evolution of different fields of analysis in economic theory, innovation is viewed as a complex, path …
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This Element combines the advances of the economics of knowledge and innovation implementing the Schumpeterian notion …
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In this paper we study whether the presence of binding liquidity constraints and the existence of fixed costs can explain the underinvestment of parents in their children's human capital. We first incorporate these two potential mechanisms into the theoretical model of Raut & Tran (2005) and...
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