Nicita, Antonio; Ramello, Giovanni; Scherer, Frederic - In: International Journal of the Economics of Business 12 (2005) 3, pp. 289-296
The process of innovation usually differs from one industry to another, according to level of expected rents, the uncertainty over the return of investments and competition dynamics. The diversity of industries is largely reflected not only in their rate of innovation and growth, but also in the...