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Author: Heidi Williams
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Economic theory suggests that market economies are likely to underprovide innovation because of the public good nature of knowledge. Empirical evidence from the United States and other advanced economies supports this id...Read more...
Nicholas Bloom, John Van Reenen and Heidi Williams
1 August 2019
Economic theory suggests that market economies are likely to under-provide innovation due to the public good nature of knowledge. Empirical evidence from the US and other advanced economies supports this idea. We summari...Read more...
10 July 2019