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Innovation drives productivity
…. is the
transformation of new ideas into
economic
and social
solutions
.
… can be the execution of a
new way of doing things
more efficiently (a more effective use of resources), a
new
or significantly improved
product (good or
service) or process, a new marketing practice, or a
new organizational method in business practices,
workplace organization or external relations (OECD
and Eurostat, 2005).
…is not the same as invention
Innovation…