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This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
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This discussion paper addresses policy learning and policy implementation in China since about 2006. In particular, the … potential change of research and innovation policy under Xi Jinping is discussed, as well as core policies and strategies to … further improve the Chinese innovation system and to shift it from a low-cost to an innovation-driven economy. The Internet …
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