Ambiguity attitude, R&D investments and economic growth
(2011)
Journal Article
Cozzi, G., & Giordani, P. (2011). Ambiguity attitude, R&D investments and economic growth. Journal of Evolutionary Economics, 21(2), 303-319. https://doi.org/10.1007/s00191-010-0217-x
The process aimed at discovering new ideas is an economic activity the returns from which are intrinsically uncertain. We extend the neo-Schumpeterian growth framework to investigate the role of strong uncertainty in the innovative process. In partic... Read More about Ambiguity attitude, R&D investments and economic growth.