Innovation That Drives Unravelling the Link Between R&D&I Investment and Value Creation

Abstract

This chapter analyses the evolution and current situation of investment in research, development, and innovation in Spain and Europe and its link with value creation. The research is carried out through an exploratory bibliographic analysis based on publications in the Web of Science, as well as numerous databases, projects, and reports issued by European and national entities. Four research questions are presented, related to the creation of value through the link between R&D and innovation. This study shows how these three concepts drive and generate changes in organisations and states that have an impact on their GDP, and the differences that exist between countries at European Union level, and between autonomous communities at regional level in Spain