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innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values-particularly the … individualism and self-expression prevailing among the people-fueled the dynamism needed for widespread innovation." …
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For a long time mainstream economics has neglected the non-economic side related to economic growth. Yet, today there is increasing awareness of the role that social capital can play in spurring Local Economic Development especially in underdeveloped, remote, or lagging contexts. Microwineries...
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how dependent innovation is on economic growth and what effects a potential long-term economic stagnation or decline may … have on innovation processes and systems. We approach the subject from different angles using mixed methods. First, we … present a quantitative analysis of the linkages between economic growth and innovation activities on a sectoral level, based …
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