Optimal Innovation and Optimal Imitation: an Integrated Analysis
[摘要] Technology creation and technology diffusion are two fundamental pieces of any meaningful assessment of thedynamics of economic growth. Economies grow because they accumulate material inputs, namely physical capitaland human capital, but the techniques, procedures and ideas used in production are vital to guarantee efficiencyand growth. This opinion paper recovers a recent contribution to the literature on innovation and imitation in order toaddress and discuss, in an integrated way, the role of innovative activities and technology adoption.
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