Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up

by William F. Maloney and Xavier Cirera

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Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors,...

Format:Paperback

Language:English

ISBN:1464811601

ISBN13:9781464811609

Release Date:October 2017

Publisher:World Bank Publications

Length:214 Pages

Weight:0.93 lbs.

Dimensions:0.5" x 6.9" x 9.9"

Related Subjects

Business Business & Investing Economics

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Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up

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