Cozzi, Guido - 2009 - Rev.
innovation. If rich
shareholders were able to pursue their common interest and to discourage
too much R&D compared, then a pro … lower than 100%.
Keywords: R&D and Growth; Social Preferences for Innovation; In-
equality, Redistribution and Growth. JEL … well
known importance of R&D and innovation for economic growth it-
self1. This paper �rst computes analytically the ideal …