Abstract:

Explaining why life standards vary so much throughout the world is, in a sense, very easy. The answer can be summed up in one word, this being productivity, but in another sense, the international variation in living standards is deeply subjective. To explain why revenues are much higher in some countries than in others, we need to look at the many factors that determine the productivity of a nation. We went from this idea towards the conceptual framework that helps us to underline the works of globalization, how it influences productivity and how Research – Development – Innovation helps achieve breakthrough at all levels.