Advances in the Study of Entrepreneurship, Innovation and Economic Growth
Technological Innovation: Generating Economic Results
Emerald Group Publishing Limited
Volume
18
ISBN electronic:
978-1-84950-532-1
ISBN print:
978-0-76231-481-2
Series ISSN:
1048-4736
Publication date:
2008
Book Chapter
Introduction
Marie C. Thursby
© Emerald Group Publishing Limited
2008
-
Published:2008
Citation
Marie C. Thursby, 2008. "Introduction", Technological Innovation: Generating Economic Results, Gary D. Libecap, Marie C. Thursby
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© Emerald Group Publishing Limited
2008
Technological innovation is not simply invention, but rather is a process that includes all the steps from the decision to conduct research to the identification of opportunities and paths for that research to contribute to society through diffusion and commercial application. While scientific discovery is central, it is a single (albeit critical) piece of a complex process involving navigation of the business, legal, regulatory, and economic issues that define the innovation landscape.
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