What half does technological wisdom accumulation play in sleek monetary development? This publication investigates and examines the predictions of latest progress thought, utilizing OECD production information. Its empirical findings painting a unique and intricate photograph of the positive aspects of long term development, the place technological wisdom construction and diffusion play a principal half, along diversifications in capital and employment. A parallel exam of long-run exchange styles and govt coverage concerns completes a broader account of ways knowledge-based development in business output is on the center of contemporary financial prosperity.
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