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knowledge by means of scientific publications. Against this background, we model the obituary of scientific knowledge monopoly … obituary of scientific knowledge monopoly by developed countries is not in the near-horizon. Advanced nations that have … mastered the dynamics of knowledge monopoly will continue to lead the course of knowledge economy. Justifications for the …
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Investment is a means to experiment with technologies, creating valuable knowledge for firms. We analyze the feedback … interaction between investment and knowledge through endogenous cycles of experimentation and exploration. Because experimentation …. Investment is increasing in knowledge and its relation with q varies over the knowledge cycle. Experimentation further shortens …
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