HIGHLIGHTS
- who: Aghion and collaborators from the This Article was downloaded from Harvard University's DASH repository, and is made available have published the Article: Acrobat Distiller, Job 3, in the Journal: (JOURNAL)
- what: The aim of this paper is to reconsider the question posed at the outset, by addressing it in a framework where innovations are undertaken by incumbent firms, where the above mentioned "escape competition" motive for R and amp;D is operative, and where composition effects are at work. The analysis in that paper was limited to the simple case where the technological . . .
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