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technological change, and then examine theory and empirical evidence on invention, innovation, and diffusion and the related …
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externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
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innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors"--National Bureau of Economic Research web site …
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