BERD data by firm size class are aggregated using the size groups: fewer than 50, 50 to 249, and >250 employees.
Innovation is defined as the implementation of a new or significantly improved product (good or service) or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations.
In analysing these four types of innovation (product, process, marketing and organisational), three levels of novelty can be distinguished: new to the firm, new to the market and new to the world. While new to the firm covers the diffusion of an existing innovation to a firm, the other concepts cover innovations newly developed by firms.
SMEs (small and medium-sized enterprises) were identified as firms with 10-249 employees (10-99 for New-Zealand); correspondingly large firms were >250 employees (>100 for New Zealand).
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