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What are the characteristics of an environment that is conducive to technological innovation? In recent years several … studies have appeared which have emphasized the comprehensive institutional framework of innovation in various countries …
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Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive …
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