increased market size and the competition. Innovation is a prerequisite for a successful transformation process and this paper … experienced a decline in employment and a positive development in productivity while maintaining a significant contribution to … innovate; innovation is a prerequisite for firm survival in the four industries. -- transformation ; lifestyle production …

"It is so widely recognized that innovation is a key driver of economic growth that it is cliche to say so. This … article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight … manufacturing sectors. The author assesses the predictions of inter-disciplinary research on innovation by firms. The econometric …