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Innovation: Market Failures and Public Policies

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NBER2021-08-01 更新2025-01-04 收录
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This is an invited chapter for the forthcoming Volume 4 of the Handbook of Industrial Organization. We summarize the state of the literature on the economics of innovation and highlight open policy questions. We first articulate the key market failures in markets for innovation, and then discuss how

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2021-08-01
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