Innovation and growth : from R&D strategies of innovating firms to economy wide technological change This volume provides an understanding of firms R&D and innovation strategies and their economy wide consequences. It is based on the premise that differences in firm level returns as well as economy wide outcomes may be linked to the heterogeneous ways in which firms organize and undertake R&D and innovation activities. It emphasizes innovation strategies of innovating firms and reflects that innovation efforts do not represent a uniform type of expenditure. Organized into three parts the volume moves from the micro to the macro level. This structure highlights the notion that R&D and innovation and growth are two interdependent perspectives. The first of these is micro oriented and focuses on innovation processes of firms where R&D activities and other innovation efforts give rise to consequences such as a strengthening of resource bases growth of sales and employment patents new products increasing productivity and profits and improved chances of survival