Abstract
The pace of industrial innovation and growth is shaped by many forces that interact in complicated ways. Profit-maximizing firms pursue new ideas to obtain market power, but the pursuit of the same...
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CITATION STYLE
APA
Caballero, R. J., & Jaffe, A. B. (1993). How High Are the Giants’ Shoulders: An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth. NBER Macroeconomics Annual, 8, 15–74. https://doi.org/10.1086/654207
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