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Research and development (R&D) is an important resource for sustained economic growth. New knowledge created by a firm has spillover effects that improve the productivity of other firms and even other sectors. This is the heart of endogenous growth theory. In this framework, government policies...
Persistent link: https://www.econbiz.de/10011421178
Research and development is an important resource for sustained economic growth. New knowledge created by a firm has spillover effects that improve the productivity of other firms and even other sectors. This is the heart of endogenous growth theory. In this framework, government policies can...
Persistent link: https://www.econbiz.de/10003963823
The Enhanced Basic Education Act of 2013, among others, added two years in secondary education thereby delaying entry into higher education by two years. This was expected to displace teaching and non-teaching personnel in higher education. To mitigate the impact, the law mandated the Commission...
Persistent link: https://www.econbiz.de/10012145929
The Enhanced Basic Education Act of 2013, among others, added two years in secondary education thereby delaying entry into higher education by two years. This was expected to displace teaching and non-teaching personnel in higher education. To mitigate the impact, the law mandated the Commission...
Persistent link: https://www.econbiz.de/10011994255
Private firms invest in physical capital and human resource but they are also advised to invest in innovations to be more productive and profitable. Innovations refer to the development, deployment, and economic utilization of new products, processes, and services. It is important for firms to...
Persistent link: https://www.econbiz.de/10010468304
It is widely acknowledged that technological innovations that can come from research and development (R and D) are crucial to industry competitiveness and sustained economic growth. Although R and D remains to be the central focus of policymaking and research, not all firms can afford and do R...
Persistent link: https://www.econbiz.de/10011674018