Why would many people be anxious to invest in innovation


Problem

1. If average economic profits from investment in innovation are close to zero, why would many people be anxious to invest in innovation?

2. Explain how firms that share their technology with competitors benefit by improving their ability to compete against new entrants.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why would many people be anxious to invest in innovation
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