INNOVATIONS and growth

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Introduction Technological development and technological innovation exercise an increasingly important influence on firms and their success. Regardless of the industry sector, no firm can today ignore technological trends, if they wish to remain competitive and succeed in the long term. It is therefore important for managers to understand the dynamics of innovation and technological development, as well as the implications of these for the design and implementation of firm-level competitive strategies. The three basic sources …

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…J. W. Lee. 1998. "How Does Foreign Direct Investment Affect Economic Growth?" Journal of International Economics 45: 115-35. Boserup, E. 1965. The Conditions of Agricultural Growth: The Economics of Agrarian Change under Population Pressure. Chicago: Aldine. Brown, Drusilla K., Alan V. Deardorff and Robert M. Stern. "The Effects of Multinational Production on Wages and Working Conditions in Developing Countries." NBER Working Paper Series, 9669. Coe, David, and Elhanan Helpman. 1995. "International R&D Spillovers." European Economic Review, 38: 859-87.