The role of globalisation and innovation in fostering continuous improvement for both the privateand public sector has … received increased emphasis within the last decade. The activities of microenterprisesin stimulating and adoption of innovation …, both as a practice and its nurturing within anyeconomy plays a key part in this respect. Innovation from any large …

Innovation comprises the processes of invention and commercialization. While the importance of innovation, especially … innovation and, in particular, builds on the evolutionary explanation of technology development, the Teecian framework on … profiting from innovation, Transaction Cost Economics (TCE), the Knowledge-Based View (KBV), and open innovation and innovation …