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fundamental determinants of the patterns of innovation, the demand structure plays a crucial role in preventing the emergence of …
Persistent link: https://www.econbiz.de/10011001837
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The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...
Persistent link: https://www.econbiz.de/10005865018
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entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature …
Persistent link: https://www.econbiz.de/10005864991