Expected Profits and The Scientific Novelty of Innovation
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https://www.nber.org/papers/w27093
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资源简介：
Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for firms to develop new products in the future. While existing research demonstrates that expected profits fuel R&D investments, little is known about the novelty of the projects funded by
提供机构：
美国国家经济研究局
创建时间：
2020-05-01
