Construct · 1 fields · 1 citations

allocation of talent: a standalone construct

One name. One construct. A landmark on the map.

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Economics of innovation and growth

how a country's most able people divide between productive entrepreneurship and rent seeking, with consequences for growth.

In economics of innovation and growth, allocation of talent refers to how a country's most able people divide between productive entrepreneurship and rent seeking, with consequences for growth. This meaning comes from Murphy (1991) in The Quarterly Journal of Economics.[1]

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Nearby constructs

allocation3 fields · 4 citationsjingle · one word, three constructs growth4 fields · 4 citationsjingle · one word, four constructs innovation6 fields · 11 citationsjingle · one name, six constructs

References

Murphy, K. M., Shleifer, A., & Vishny, R. W. (1991). The Allocation of Talent: Implications for Growth. The Quarterly Journal of Economics, 106(2), 503. https://doi.org/10.2307/2937945

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