The Innovation-Absorption Dichotomy, Distribution, and Efficiency
The fact that some firms innovate while others absorb technologies creates income differences and inefficiencies both within and between countries. We model the industrial market economy, characterized by the coexistence of: 1) large firms with innovation, as in manufacturing and technology, concen...
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| Format: | Article |
| Language: | English |
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Universidad Iberoamericana
2016-01-01
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| Series: | Sobre México |
| Subjects: | |
| Online Access: | https://sobremexico-revista.ibero.mx/index.php/Revista_Sobre_Mexico/article/view/17 |