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development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping …
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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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"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …
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