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What factors underlie industry differences in research intensity and productivity growth? We develop a multi-sector endogenous growth model allowing for industry specific parameters in the production functions for output and knowledge, and in consumer preferences. We find that long run industry...
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innovation funding and sources of innovation funding. Five-hundred and fifty (550) SME owners were randomly selected for the …The paper analyzes the determinants of new products innovation in the SMEs sector. The study focused on types of … products was used a proxy for new products innovation. The determinants were grouped into two types thus innovation expenditure …
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This article addresses an issue that is debated in the economics of innovation literature, namely the existence of … producers, we show that: (i) decreasing returns to size and R&D expenditures characterize the innovation production function of …
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