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This paper describes a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student sellers first make investment decisions then production decisions. The classroom...
Persistent link: https://www.econbiz.de/10011349721
The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …
Persistent link: https://www.econbiz.de/10011326960
Persistent link: https://www.econbiz.de/10010191243
In the economics profession there is a fierce debate whether industrial and innovation policy should be targeted to …
Persistent link: https://www.econbiz.de/10011377579