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TECHNOLOGICAL CHANGE AND THE ENVIRONMENT - …

TECHNOLOGICAL CHANGE AND THE ENVIRONMENT - …

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Fundamental concepts in the economics of technological change 464 2.1. Schumpeter and the gale of creative destruction 464 2.2. ... also have broader implications for welfare analyses, because the process of technologi- ... basic research – which one might think of as prior even to the invention stage – is carried out by private firms ...

  Basics, Concept, Analyses, Technological

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