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Title:Basic Research, Development and Endogenous Growth Author(s):DENTI, ChiaraDate:2006Type:Working PaperSeries/Number:Università degli Studi di Modena e Reggio Emilia, Dipartimento di Economia Politica, Materiali di discussione; 536Abstract:We introduce the distinction between basic research and development
nside a standard horizontal innovation framework. Multi-stage R&D is
erformed by private agents only. Basic research has the highest level of
enerality, ...