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Online at http://mpra.ub.uni-muenchen.de/35321/
MPRA Paper No. 35321, posted 11. December 2011 17:06 UTC
entrepreneur of
When you decide to tackle the risk inherent in the introduction of a new
production process, it proceeds in the idea that the entrepreneur can rely, at
least for a short period of time, on obtaining a extraprofit before the imitators '
reach ' : in other words, boost innovation derives from the existence of
rigidities which slow down the spread of new technologies; delete such rigidity
is tantamount to destroying every incentive to innovate.(Schumpeter 1949).
An element in support of the schumpeterianb thesis lies in the fact that large
firm, or they can rely on significant market power, are more likely to support
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