IMPACT OF KNOWLEDGE ON THE DYNAMICS OF INNOVATIVE PROCESSES
DOI:
https://doi.org/10.58246/sjeconomics.v24i1.237Keywords:
innovation, knowledgeAbstract
The aim of the article is to present the theoretical concept of the impact of knowledge on the dynamics of innovative processes. The paper discusses the relationship between the phases of that process innovation and product life cycle and the life cycle of a technological revolution. It shows that the source of creation of new industries is an innovative process that is internally consistent and complementary product life cycle, as well as the life cycle of a technological revolution.
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