产品垂直创新
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第一节用产品水平创新模型与产品垂直创新模型分析基础研究与应用研究,结论是,完全由市场配置资源,会造成基础研究投入不足,而应用研究的投入既可能不足也可能过度。
In Section 1 , I use horizontal product innovation model and vertical product innovation model to analyze foundation researches and application researches . The conclusion is that resource allocated fully by markets may cause insufficient investment in foundation researches and insufficient or excess investment in application researches .