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The report analyses the impacts of globalization on competitiveness of national economies, industries and firms. The focus is in mechanical and electrical engineering and machinery. Global division of labor has significantly changed over the past few decades when the large emerging economies -...
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&D efforts. Traditionally, the effects of R&D on productivity have been assessed from an econometrically estimated production … modelling the improvement of technology and the growth of total factor productivity. In this case, the residual of the … production function, which reflects total factor productivity, consists of two multiplicative components. The first component is …
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