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The emergence of novelty is a driving agent for economic change. New technologies, new products and services, new institutional arrangements, to mention a few examples, are the backbone of development and growth. Important though it is, the emergence of novelty is not well understood. What seems...
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This comprehensive collection presents the classic articles in the economics of invention and innovation. It covers … topics related to sources of inventive and innovative activity, including exogenous and endogenous innovation, with an … Innovation', Research Policy, 6 (1), January, 37-76 -- Paul M. Romer (1990), 'Endogenous Technological Change', Journal of …
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