Innovation complementarities in a network economy

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Durmaz, Cemil Faruk
Mueller, Moritz

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TÜBİTAK-2219

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The study develops a simulation-based model of a network economy where firms’ R&D efforts and input choices create innovation complementarities that can shift the economy between low- and high-innovation regimes. Using empirical evidence and MCMC simulations, it shows that the structure of industrial linkages critically shapes innovation outcomes, implying that effective policy must account for heterogeneity across sectors. --
Beta – Bureau d'Economie Théorique et Appliquée-University of Strasbourg, France

Anahtar kelimeler

Economics