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The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...
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Investments in design play a potentially significant role in new product development (NPD) although there is little … unanimity on the most appropriate or effective design strategy. Previous case-study based studies have identified three … alternative design strategies for NPD: design used as a functional specialism, design used as part of a multi-functional team and …
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Investments in design play a potentially significant role in new product development (NPD) although there is little … unanimity on the most appropriate or effective design strategy. Previous case-study based studies have identified three … alternative design strategies for NPD: design used as a functional specialism, design used as part of a multi-functional team and …
Persistent link: https://www.econbiz.de/10010761752
New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that constitutes a commercial opportunity. Acs, Audretsch,...
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