2017
DOI: 10.22440/wjae.3.2.3
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Product Life Cycle and Innovativeness: The Case of MENA

Abstract: One discussion in the literature of economics is the interaction between product life cycle and technological advancement. Firms may enjoy high profits and pay higher wages to the workers due to higher prices by introduction of new products in early stages and product developments in later stages. The aim of this study, by assuming that life cycle stage of a product represents its level of technology intensity, is to measure the innovative capabilities of selected benchmark and MENA countries by developing a m… Show more

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