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This paper briefly reports on a research project whose focus is on the processes through which in the past countries that have been far behind the technological and economic leaders of the day have caught up, and on the institutions and policies that are necessary for successful catch-up today. Two prominent foci of this project will be the roles of universities and public laboratories in the catch-up process, and the roles of international business.
Richard R. Nelson (Mon,) studied this question.
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