The benefits from research and development activities
A) are limited to the firm winning a patent.
B) are limited to the firms investing in similar research and development projects.
C) are limited to the nation in which the research and development is taking place.
D) spill over to others,including foreigners.
Correct Answer:
Verified
Q80: One of the major tenets of the
Q81: Paul Romer's theory on the importance of
Q82: What is labour productivity,and why is it
Q87: Explain the relationship between economic growth and
Q88: Economic growth may understate changes in real
Q174: According to economist Paul Romer, economies that
Q197: According to Romer
A) capital drives economic growth.
B)
Q201: Why are economic growth and saving related?
Q211: Explain how the "new growth theory" treats
Q220: Would a new growth theorist expect economic
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents