Fagerberg, Jan; Srholec, Martin; Verspagen, Bart - United Nations University, Maastricht Economic and … - 2009
Is innovation important for development? And if so, how? One popular perception of innovation, that one meets in media … exploitation of the most recent advances in knowledge. Such innovation is normally seen as carried out by highly educated labour in …. Hence innovation in this sense is a typical “first world” activity. There is, however, another way to look at innovation …