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literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …
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This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations...
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relation to the innovation process and its outcomes. This theme is firmly rooted in the Schumpeterian tradition in which an …
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