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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…