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This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions we suggest lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent...
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and Audretsch in which innovation activity is measured by number of innovations. Jaffe's work, which modified the … on innovations than patents using Jaffe's model. By directly substituting the innovation measure for the patent measure …
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