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...
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| Format: | Article |
| Language: | en_US |
| Published: |
Oxford University Press
2011
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| Online Access: | http://hdl.handle.net/1721.1/67708 |