In this paper we explore how innovation and structural change affected economic development in the long run, by which … consumers could purchase the new, higher quality, non necessities, goods and services generated by innovation. In the paper we …

regional development institutions are offered: the indicators of intensity of innovation in production, performance intensity … of innovation in society and the resulting performance of the dynamics of economic development. The results of evaluating …

demand-side processes. On the supply side, three different innovation processes are observed and interact: (i) growing …