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Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of …
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Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of …
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and firms across different countries. Motivated by the large share of the world's technology investments made by firms … for technological externalities, or spillovers. In addition to a review of recent empirical research on technology … multinational enterprises. The analysis highlights challenges for future empirical research, as well as the need for additional data …
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