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semiconductors in the late 1990s. In most high-tech fields, Japan is the only country outside the US with significant US patenting … activity; however, whereas Japan played an important role in the burst of neural network patenting in the 1990s, it has not …
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We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...
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