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This paper reviews the empirical literature on rates of return on R&D and interprets the economic significance of these estimates using a semi-endogenous growth model with a calibrated knowledge production sector. We analyse how R&D subsidies, a reduction of entry barriers for start-ups and...
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, contrary to the ʺparadoxʺ conjecture, European weaknesses reside both in its system of scientific research and in a relatively … various types of ʺnetworkingʺ and much more on policy measures aimed to both strengthen ʺfrontierʺ research and strengthen …
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