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innovation is a positive function of its degree of international connectedness, ability to allocate skills efficiently and … the creation of markets for seed and early stage finance. Innovation policies that support basic research and facilitate …
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A policy framework that does not unduly inhibit the creative destruction process is vital to sustaining productivity growth. Yet, a key question is what happens to workers who lose their jobs due to this process and what are the policies that minimise the costs of worker displacement?...
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