Unlocking the Secret to Economic Leadership Through Innovation and Imitation
In this article, the authors explore how countries can improve their economic growth by investing in innovation and research. They look at different countries' investments in research and development (R&D) and patents to see how it affects their productivity. The researchers aim to understand why some countries easily catch up with leading nations in terms of productivity, while others struggle. They find that countries with strong R&D investments and innovative policies tend to perform better economically.