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Public policy can impact innovation, eitherencouraging or inhibiting the creation of innovative technologies ….Howfive public policies have impacted continued innovation within the U.S.pharmaceutical industry is examined.At issue are the 1962 …
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This chapter examines a number of aspects of defense R&D, including: mechanisms — design competitions, and independent R&D subsidies — used by the US government to encourage firms to invest their own funds in defense R&D; theory and evidence concerning both the private and social benefits of,...
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