Diagnosis: the problems of private investment and innovation in the UK
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چکیده
Investment in equipment and new ideas (technological and managerial) are crucial engines of growth. Investing in capital allows existing firms to incorporate new technologies and can be an important part of their strategies to reorganise production processes towards global best practice. The dynamism of innovative new firms which introduce new products and processes is also important for growth via the process of ‘creative destruction’ that propels economic change.
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تاریخ انتشار 2013