Is a wealthy country necessarily a just one? Or must justice come first if prosperity is to follow? Long confined to the realm of moral or institutional debate, this question is now being treated as a fully-fledged economic issue. A recent study by economists shows that justice does more than settle disputes — it also fuels growth.
Public research is often portrayed as a quest for knowledge, while corporate R&D is seen as being driven by market forces. But is this opposition really justified? In a recent study, four economists reveal how a major investment in public laboratories can influence innovation spending across the French industrial sector.