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Institute of Advanced Study

Are There Discontinuities in Economic Development?

Abstract

This essay discusses the existence of discontinuities in knowledge and artefacts and their possible impact on economic development. Some new tools are presented which can help us to detect discontinuities and measure some of their properties, thus reducing the extent of subjectivity in the discussion. The essay concludes that discontinuities have an important impact on economic development by affecting the strategies, competencies and alliances that firms use.

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