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Services form an important part of the economy today. Innovation for service firms is as important as for manufacturing …, but the innovation process for service firms is comparatively little studied. In this paper, I review the literature there … is on the innovation process for service firms, and make two suggestions for formalizing that process. The common thought …
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In their seminal paper, Acs and Audretsch (1988) analyze innovation patterns across industries and identify several … innovation; industries characterized by increased shares of skilled labor and large firms provide favorable conditions for … innovation. By analyzing a new and more consciously compiled database, we re-examine their original claims. Our results largely …
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