We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …

developing indicators that could be used to improve the understanding of the innovation process. Three approaches are used to … provide context to the research. The analysis provides examples of innovation in the informal ICT sector and examines the … the understanding of innovation driven economic growth in that sector, and to the factors linked to transition of economic …

discussion are also reflected on the newly formed innovation policy instrument in Finland - SHOKs (Strategic centres for science …, technology and innovation), which aim to direct a large share of the Finnish public R&D subsidies towards more demand-based and … incumbent-driven innovation activity. …

findings emphasize the role of a firms absorptive capacity and its ICT competence in data-based innovation. It seems that … customer involvement in innovation process positively relates to the production of new data-based products and services. The … reported empirical findings further indicate that data-based product and service innovation tends to be rather strongly demand-driven. …