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theory and on the grounds of the historical record of nowadays developed and emergent economies. In developed countries, the … rates of innovation. Indeed, there is circumstantial evidence to the opposite. And, indeed, a sound theoretic consideration … both theory and historical experience suggest that loose and limited IPR are most conducive to knowledge accumulation and …
Persistent link: https://www.econbiz.de/10010202767
While it is futile to search for any ‘magic policy recipe’ automatically yielding industrialization, the contributions to the book, we argue, do indeed help in identifying some basic ingredients and principles that successful policy arrangements historically had and have in common. In this...
Persistent link: https://www.econbiz.de/10008729579
We analyze the individual and macroeconomic impacts of heterogeneous expectations and action rules within an agent-based model populated by heterogeneous, interacting firms. Agents have to cope with a complex evolving economy characterized by deep uncertainty resulting from technical change,...
Persistent link: https://www.econbiz.de/10011763035