The economic growth as a long-term tendency of changing cycles of reproduction is a multidimensional phenomenon and one of the most important results of economic development and economic policy effectiveness in the innovation - informational economy. The goal of the study is to figure out classification of the innovation diffusion and its characteristics, which determine different types of economic growth at the micro and macro levels. The classical theories of the spatial allocation of production, exogenous economic growth and innovative business practices of individual companies serve as the theoretical and methodological background of the study. The main results of the study could be listed as follows: the paper examines the relationship of the economic growth diffusion in the context of its spatial dissemination (core-periphery) and gives a micro-level growth comparison (and its types – organic and inorganic) at the large-scaled, high-tech "LOMO" (Russia) and "Phillips" (the Netherlands) companies as the
Original languageEnglish
Pages (from-to)485-494
JournalMANAGEMENT THEORY AND STUDIES FOR RURAL BUSINESS AND INFRASTRUCTURE DEVELOPMENT
Volume36
Issue number3
StatePublished - 2014

    Research areas

  • Keywords: diffusion of economic growth and innovations, innovative development, organic/inorganic growth

ID: 5749337