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Technology gap

The technology gap theory is a model by Posner 1961, describes an advantage enjoyed by the country that introduces new goods in a market. The country enjoys the advantage until other countries have achieved the ability to imitate the new good. The technology gap theory is a model by Posner 1961, describes an advantage enjoyed by the country that introduces new goods in a market. The country enjoys the advantage until other countries have achieved the ability to imitate the new good.

[ "Economic growth", "Economy", "International trade", "Nanotechnology" ]
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