Reallocating innovative resources around growth bottlenecks
Economy-wide increasing returns to scale embodied in a general purpose technology (GPT) and its applications are often a key source of long-run growth. Yet the successful exploitation of increasing returns calls for coordination on a particular technological direction, reducing flexibility and choic...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Oxford University Press,
2011-12-16T19:42:36Z.
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| Subjects: | |
| Online Access: | Get fulltext |