ABSTRACT
At this point in the discussion, it has become clear that innovation is one of the central forces in economic development processes and, consequently, one of the factors determining economic change and social well-being. Economic growth and structural change come about as a consequence of innovation being injected into the productive system through investment decisions. However, the economic effects of innovation depend on how it is diffused throughout the productive fabric and what technological strategy firms employ to sustain and improve the results of their activity.
