Abstract
Competence bloc theory categorizes factors that make economies more or less efficient in identifying, selecting, and commercializing the innovative industrial technologies that move economic growth. Competence bloc theory therefore is central for understanding the role of spillovers in the macroeconomy. The economics of commercializing is about minimizing the costs of two types of business mistakes.
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Eliasson, G. (2010). Capturing the Direct and the Serendipitous Spillovers: The Case of Sweden’s Military Aircraft Industry. In: Advanced Public Procurement as Industrial Policy. Economics of Science, Technology and Innovation, vol 34. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-5849-5_4
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