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Lecture Economics (19/e) - Chapter 11: Technology, R&D, and efficiency

Sơn Tùng 74 20 ppt

Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ Tải xuống

After completing this chapter, students will be able to: Differentiate between invention, innovation, and technological diffusion; explain how entrepreneurs and other innovators further technological advance; summarize how a firm determines its optimal amount of research and development (R&D); relate why firms can benefit from their innovation even though rivals have an incentive to imitate it.

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