Does R&D have an impact on firm growth, profits, and value? To most observers, the obvious answer is yes. However, the recent report by Booz-Allen-Hamilton (BAH 2006) seems to conclude that the share of spending devoted to research has no relationship to the economic performance of an...

The emergence of knowledge-based societies over the past decades has spurred research on the specific role of universities in innovation systems. The notion of academic entrepreneurship has gained acceptance among communities of researchers, practitioners and policy makers (Etzkowitz et al.,...

This paper reflects on the relevance of systems - theoretic approaches to the interdependent policy issues relating to the dynamics of science, technology and innovation and their relationship to economic growth. Considering the approach that characterizes much of the current economics...