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Invention and Bounded Learning by Doing

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NBER1991-05-01 更新2025-01-04 收录
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This paper presents a model of the interaction between invention and learning by doing. Learning depends upon invention in that learning by doing is viewed as the serendipitous exploration of the finite productive potential of invented technologies. At the same time, the profitability of costly

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1991-05-01
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