What Is an Innovative Firm?
This article is dedicated to identifying innovative firms. A wide-spread process for identifying innovativeness in firms and its relationship to the high-tech sector is exposed to criticism. It is confirmed that large expenditures on R&D in a firm’s sales, which, according to international methods, is a sign of a high-tech focus within a firm, is not typical for many types of innovation, particularly in industries dealing with the diffusion and application of knowledge. The special role of non-high-tech innovations for modernizing the Russian economy is emphasized.
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