Published in
1 min readJul 3, 2016
A large proportion of economic growth is accounted for by knowledge-driven technological change and innovation. Irrespective of whether innovation is related to products or processes, whether it is abrupt or incremental in nature, or whether it is technological or related to business models and organizational structures, it improves value for the consumer, the producer or the society at large. It is a nonlinear process involving complex interactions among a multitude of organizations.
