of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

In recent decades the world has witnessed the emergence of a global knowledge economy. For example, the evolution in … formation. For the OECD countries in particular, we can observe a transfer from an industrial economy to a knowledge economy …. The supporting evidences are overwhelming and indicate that the trend is global. The emerging knowledge economy have …

innovation activities captured by patent applications, firm characteristics, international trade and the regional milieu. …

trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By … bringing together a number of threads within the innovation literature my claim is that consumers, akin to firms, follow …

national innovation systems. The study also analyses the factors behind this industry's poor productivity growth. A scenario …

. The business services industry has an important role in the national innovation system and in knowledge spillovers to … other industries. The innovation contribution of business services to the rest of the economy may countervail the effect of … strengthening its role in knowledge spillovers to client industries. …

geographically and function-ally. They promoted rapid innovation by resorting to systematic Research and Development ef- forts. And … innovation in the econ-omy. Hence, to the extent that policy makers strive to achieve the priorities of citizens, they are …