Innovation: Economic Change and the Competitiveness of Firms and Nations

Seminar paper from the year 2002 in the subject Business economics - Miscellaneous, grade: 1.9 (B+), University of Manchester (Manchester School of Management), language: English, abstract: This paper will address and highlight the importance of innovation as a driving factor of economic change. It will be shown that innovation is crucial to the competitiveness both at the micro- and at the macro-level of companies and nations respectively. While limited in scope and certainly not claiming ...