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Paperback Market Structure and Innovation Book

ISBN: 0521293855

ISBN13: 9780521293853

Market Structure and Innovation

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Format: Paperback

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Book Overview

Technical advance requires resources and is motivated by the quest for profits; therefore, the rate and direction of advance is determined by the economic system. Recognition of this fact has focused attention on the performance of the market economy in the allocation of resources to technical advance, and the consequent body of research is surveyed and synthesised in this book. The theories of market structure and innovation proposed by Schumpeter,...

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