The Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up by Xavier Cirera
English | Oct. 2, 2017 | ISBN: 1464811601 | 217 Pages | PDF | 5 MB
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.