Why the private sector under invests in innovation
Key points New technology often has positive externalities—in other words, there are often spillovers from the invention of new technology that benefit firms other than the innovator. The social benefit of an invention, once these spillovers are taken into account, typically exceeds the private benefit to the inventor. Competition creates pressure to innovate....
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A rotating TV base that suits your TV watching needs! This TV base can rotate and adjust to the amount of people watching it, to make it the best watching experience for everyone. It comes with a...

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