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Small enterprises operating under conditions of uncertainty ought to introduce innovative solutions oriented towards their growth and development. As numerous studies indicate, small businesses are gradually intensifying their efforts to increase their ability to implement innovative changes....
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This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper …
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This survey reviews the literature on firm dynamics, innovation and growth aiming to better understand the main … channels through which innovation affects the performance of modern economies. Since innovations fundamentally diffuse through … firm dynamics and innovation. …
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This paper identifies factors associated with takeoff - a sustained period of high growth following a period of … jure trade openness is associated with a 55% increase in the probability of a takeoff in our default specification. We also … find evidence that capital account openness encourages takeoff responses, although this channel is less robust. Measures of …
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Economic growth in the East Asian economies was remarkable during the latter part of the 20th century, starting with Japan just after World War II, followed by the East Asian Tigers and "tiger cubs" after that and, most recently, the People's Republic of China and India. The high, sustained...
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