Benhabib, Jess (contributor); Spiegel, Mark (contributor) - 2002 - [Elektronische Ressource]
-product of an innovation, not captured by the
monopoly rents that it generates, is the expansion of the stock of basic knowledge …
This basic knowledge, freely available to all, enhances the productivity of future
research, facilitates future innovations … potential world knowledge, proxied
in our model as the total factor productivity level of the leader country. We then
test this …