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.
Thursby, M. (2008), "Introduction", Libecap, G. and Thursby, M. (Ed.) Technological Innovation: Generating Economic Results (Advances in the Study of Entrepreneurship, Innovation and Economic Growth, Vol. 18), Emerald Group Publishing Limited, Bingley, pp. 1-8. https://doi.org/10.1016/S1048-4736(07)00012-4Download as .RIS
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