Innovation: The Janus Face of Finance

Par Blandine Laperche, Thierry Burger-Helmchen
Innovation has long been recognized as an engine of competitiveness and growth and as an effective tool to confront the crisis at the macro and the micro levels. Innovation can be considered as an outcome (new products, new processes or new organizations) but also as a process that involves many activities linked together, namely basic research, industrial research and development, and finally commercialization....
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