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In 2005, the Chinese government deployed a new financial instrument to accelerate technological catch-up: government guidance funds (GGFs). These are funds established by central and local governments partnering with private venture capital to invest in state-selected priority sectors. GGFs...
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Medical utilization, such as a count of hospitalizations, is routinely used as a health proxy for both policy and research purposes. Over time, trends in how medicine is practiced has impacted this relationship, as technological improvements or policy changes have altered hospitalizations at the...
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