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The standard indicators used to compare cross-country innovation are in the Global Competitiveness Report (GCR). But there are problems with aggregation and response bias with these largely self-reported measures (Hollanders and van Cruysen, 2008). We propose a theory-based metric using Data...
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compare with subjective assessments of infrastructure in the World Economic Forum’s Global Competitiveness Report. Finally, we … exemplify possible applications related to trade and FDI. By overcoming several data limitations, our new global index can help …
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