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Private firms invest in physical capital and human resource but they are also advised to invest in innovations to be more productive and profitable. Innovations refer to the development, deployment, and economic utilization of new products, processes, and services. It is important for firms to...
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Innovation involves implementing new or significantly improved goods and services, production processes, marketing, or organizational methods for adding value. The measurement of innovation provides a mechanism for benchmarking national performance, and for examining innovation and its relation...
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% of Philippines establishments were innovation-active. Strikingly, the BPO sector spends the most for innovation …
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The Oslo Manual, following ideas of Schumpeter, defines innovation as "the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organizational method in business practices, workplace organization or external relations". With...
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This research aims to study the pre-pandemic and pandemic-period Industry 4.0 and Industry 5.0 characteristics in SME … SCOPUS database using keywords (("Industry 4.0" OR "Industry 5.0") AND "SME"). However, 398 documents, which were either … the thematic evolution of pre-pandemic and pandemic-period Industry 4.0 and Industry 5.0 SME Research. The major findings …
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