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Introduction

Organisation for Economic Co-operation and Development (OECD), 2001; The New Economy: Beyond

the Hype – The OECD Growth Project.

Rothwell, R. (1994) The changing nature of the innovation process: implications for SMEs, in Oakey, R

(ed.), New Technology-Based Firms in the 1990s, London, Paul Chapman, 11-21.

Saxenian, A. (1991) The Origins and Dynamics of Production Networks in Silicon Valley, Research Policy, 20, 423-437.

Thomas, M. and Rhisiart, M. (2000) Innovative Wales, Bryan, J. and Jones, C. (eds.) Wales in the 21st Century: An Economic Future, London, Macmillan Business, 115-122.

Uyarra, E. (2005) Knowledge, Diversity and Regional Innovation Policies: Theoretical Issues and Empirical Evidence of Regional Innovation Strategies, PREST Discussion Paper Series, Institute of Innovation Research, University of Manchester, Manchester, 1-18.

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16

Innovation and Small Business: Volume I

Invention, Innovation and Small Business

2. Invention, Innovation and Small Business

Brychan Thomas, Lynne Gornall, Christopher Miller and Gary Packham

“Where a new invention promises to be useful, it ought to be tried”

THOMAS JEFFERSON (1762-1826)

This chapter at a glance