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Tweet utm campaign Socialflow WORKING PAPERS Growth Through Heterogeneous Innovations pdf By Akcigit Ufuk and William R. Kerr ABSTRACT—We study how external versus internal innovations promote economic growth through a tractable endogenous growth framework with multiple innovation Ukraine Mobile Number List sizes multi product firms and entry exit. Firms invest in external R D to acquire new product lines and in internal R D to improve their existing product lines. implications of weaker scaling for external R D versus internal R D and the resulting predictions align with observed empirical regularities for innovative firms. Quantifying a generalized model for the recent.
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