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Abstract
Public policy is increasingly concerned about promoting innovation in order to stimulate economic growth, employment and ecological sustainability. Clearly, there is an increasing need to measure and assess innovation and technological change and to increase our knowledge about driving forces behind (and socioeconomic consequences of) innovation. In the past, publicly available, internationally comparable and reliable data on innovation and technological change have been extremely scarce. Only in very exceptional cases have researchers had access to firm-level innovation data. As a consequence, many interesting theoretical hypotheses have been poorly examined and political decision making has often been guided by intuition rather than by knowledge.
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