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business creation, innovation and leadership in the New Economy, and it analyzes macroeconomic mechanisms and policymaking in … Macroeconomics, Public Choice and the book 'Competition, Innovation, and Antitrust' (2007, Springer). Etro reviews the EMSs approach … who value microfoundations and view micro-lev …
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In this paper, a theoretical model of the impact of product and process innovations on output, capacity utilization, employment, and prices is developed. The model is estimated with micro-data for West German manufacturing firms from the ifo firm panel. The empirical results reveal that...
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