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This paper proposes a reduced form model of dynamic duopoly in the context of heterogeneous innovations framework. Two agents invest into product and process innovations simultaneously. Every newly introduced product has its own dimension of process-improving innovations and there is a continuum...
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, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … product innovation in manufacturing. The strongest productivity effects are derived from organizational innovation. We find …We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …
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process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … results show the presence of lagged effects product innovation on productivity two years after innovation. Compared with the …
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