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Topic: Business
Number of pages / Number of words: 42 / 11760
Essay's paper body

In particular, the model is one of the

pioneers in seeking to account for the pattern described above: how an economy

progresses from a technological structure that is largely characterized by firms that adopt

foreign technologies to one with a growing share of firms carrying out indigenous

innovation as it moves towards the world frontier...


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Technology the lever of riches

Since the classic 'Solow residual2' paper (Solow, 1957) which found increased capital

intensity to account for only 13% of economic progress, economists have come to realize

that factor accumulation is insufficient to explain economic growth and have instead

focused on technical progress or total factor productivity (TFP) as the fundamental

engine of economic growth (see for example, Romer, 1990; Grossman and Helpman,

1991; Quah, 2002)...


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General points of the essay

survival of small firms A Study Of International Marketing Strategies That Help Firms To Achieve Competitive Advantage: Japanese Firms Being Successful In India Since 1980 Australian Wine Firms Cluster Capital Structure of Firms Diversified Firms Firms strategy and structure Global Firms Vs Multidomestic Firms Incentives and PE-firms India's growing prosperity opens up a new market for luxury-goods firms Success in Multinational Firms What is innovation? Why do firms innovate? Give examples of companies and their most recent innovations. Why firms' established over sea operation? Was the scientific revolution largely a result of technological shifts from the Renaissance? Embeddedness in the making of financial capital: how social relations and networks benefit firms seeking financing A review - Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms

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