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What Is an Innovative Firm?
https://doi.org/10.32609/0042-8736-2012-7-30-46
Abstract
This article is dedicated to identifying innovative firms. A wide-spread process for identifying innovativeness in firms and its relationship to the high-techsector is exposed to criticism. It is confirmed that large expenditures on R&D in a firms sales, which, according to international methods, is a sign of a hightech 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.
Keywords
modernization,
national innovation system,
demand for innovations,
low-tech innovation,
high-growth firms
JEL: O31; O33; O38; L26
About the Author
A. Yudanov
Financial University under the Government of the Russian
Federation (Moscow, Russia)
Russian Federation
Russian Federation
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Review
For citations:
Yudanov A. What Is an Innovative Firm? Voprosy Ekonomiki. 2012;(7):30-46. (In Russ.) https://doi.org/10.32609/0042-8736-2012-7-30-46
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