ROLE OF INNOVATION IN GROWTH OF COUNTRIES

Sara Tejinder
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Sara Tejinder: College of Business and Information Science Tuskegee University, USA

Perspectives of Innovation in Economics and Business (PIEB), 2010, vol. 4, issue 1, 15-17

Abstract: The paper discusses the role of innovative capability in growth of a country by arguing that in the long run, a nation’s higher order competitive advantage can be built only with innovation. The paper also identifies eight determinants of innovation capability of a country. The discussion of these eight determinants should be useful for policy makers in countries attempting to promote economic growth by improving the productivity of the firms in their countries.

Keywords: Innovation; economic growth; productivity of the firms; innovative firms; innovation capability of a country (search for similar items in EconPapers)
JEL-codes: O10 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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