Solution-Why is the amount of r&d spending important for

Why is the amount of r&d spending important for growth

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Reference no: EM131041081

R&D and growth

a. Why is the amount of R&D spending important for growth? How do the appropriability and fertility of research affect the amount of R&D spending?

Howdo each of the policy proposals listed in (b) through (e)
affect the appropriability and fertility of research, R&D spending in the long run, and output in the long run?

b. An international treaty ensuring that each country's pat- ents are legally protected all over the world.

c. Tax credits for each dollar of R&D spending.

d. A decrease in funding of government-sponsored confer- ences between universities and corporations.

e. The elimination of patents on breakthrough drugs, so the drugs can be sold at a low cost as soon as they be- come available.

Reference no: EM131041081

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Why is the amount of r&d spending important for growth

Reference no: EM131041081

Reference no: EM131041081

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