In the discussion on growth in Chapter 2, the following is mentioned. "The new theory of economic growth has been criticized for a certain naïveté regarding knowledge. Is it truly so that the mere existence of knowledge means that knowledge will diffuse?" What is this referring to? One, two or three of the following are correct. Which?
A) that it is thought that "if there is knowledge, it will be used," more or less automatically
B) that knowledge is an essential but not sufficient ingredient in the growth equation
C) that there is no sequential and obvious line between knowledge, commercialization and growth

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The Answer of In the discussion on growth in Chapter 2, the following is mentioned. "The new theory of economic growth has been criticized for a certain naïveté regarding knowledge. Is it truly so that the mere existence of knowledge means that knowledge will diffuse?" What is this referring to? One, two or three of the following are correct. Which?
A) that it is thought that "if there is knowledge, it will be used," more or less automatically
B) that knowledge is an essential but not sufficient ingredient in the growth equation
C) that there is no sequential and obvious line between knowledge, commercialization and growth

In the Discussion on Growth in Chapter 2, the Following