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Product Innovation, Product Diversification, and Firm Growth: Evidence from Japan’s Early Industrialization

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NBER2020-01-01 更新2025-01-04 收录
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We explore how firms grow by adding products. In contrast to most earlier work on the topic, our conceptual and empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification (horizontal differentiation). The market context is Japans cotton

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2020-01-01
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