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analysis proceeds in stages. It begins with an exogenous rate of innovation in order to focus on the first two components. The … last two components are added by endogenizing the rate of innovation. Finally, the paper considers the role of foreign …
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to identifying a specific channel through which legal protections affect incentives for innovation and R&D, our results …
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innovation or lead to greater economic growth, by highlighting numerous examples from industries in which innovation increased …
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