Impact of technological innovations on economic growth of nations

Abstract

The aim of this paper is to review current achievements relating to the theory of innovative activity and innovation including concept of 'triple helix' and its extension by adding customer. A concept of horizontal and vertical product differentiation and access to sources of knowledge has been linked to product quality and innovative activity. Access to knowledge depends on the type of research and development (R&D) activity and network governance between firms.

Keywords

• Economic Growth
• Competitiveness
• Quality Of Products
• triple helix
• Innovations
• Technological Fusion