Аннотация
After a difficult economic period, last year has shown high GDP growth, but innovation will be crucial for further growth
Innovation is crucial
World economy has gone through difficult time with low economic growth
In the past few years, companies and governments have strongly focused on restructuring
Economic outlook for 2005 is poor: GDP growth is expected to decline in the USA, Japan and China and to stagnate at a low level in the Euro zone
Many industries increasingly focus on innovation for further growth after recent focus on cost cutting and efficiency gains have been largely exhausted
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