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Innovation-Led Economic Growth

Author : Charles F. Rice
Publisher : Rowman & Littlefield
Page : 56 pages
File Size : 34,98 MB
Release : 2017-09-01
Category : Political Science
ISBN : 1442280247

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Innovation and technology are increasingly at the heart of economic growth around the world and will be crucial tools for addressing emerging issues such as global urbanization and growing demand for food, energy, and water. In this report, CSIS and RTI International assess the challenges and opportunities facing developing countries as they pursue innovation and technology-driven economic growth. The report includes analysis of three different subtopics—education and human capital development, translational research and development and commercialization, and the innovation policy environment—as well as case studies from Kenya, Malaysia, and India. From this research collaboration, CSIS and RTI International hope to create a platform for engaging a broad set of actors to support the creation of knowledge-based economies and innovation-led economic growth.

Innovation Led Economic Growth

Author : Charles Rice
Publisher : CSIS Reports
Page : 56 pages
File Size : 34,2 MB
Release : 2017-09
Category : Business & Economics
ISBN : 9781442280236

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Innovation and technology are increasingly at the heart of economic growth around the world and will be crucial tools for addressing emerging issues such as global urbanization and growing demand for food, energy, and water. In this report, CSIS and RTI International assess the challenges and opportunities facing developing countries as they pursue innovation and technology-driven economic growth. The report includes analysis of three different subtopics--education and human capital development, translational research and development and commercialization, and the innovation policy environment--as well as case studies from Kenya, Malaysia, and India. From this research collaboration, CSIS and RTI International hope to create a platform for engaging a broad set of actors to support the creation of knowledge-based economies and innovation-led economic growth.

The Role of Innovation and Entrepreneurship in Economic Growth

Author : Michael J Andrews
Publisher : University of Chicago Press
Page : 633 pages
File Size : 43,27 MB
Release : 2022-03-17
Category : Business & Economics
ISBN : 022681078X

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"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Spurring Innovation-Led Growth in Argentina

Author : Tugba Gurcanlar
Publisher : World Bank Publications
Page : 123 pages
File Size : 27,83 MB
Release : 2021-05-31
Category : Business & Economics
ISBN : 1464816891

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Anew, innovation-led growth model would enable Argentina to increase economic stability and achieve stronger shared prosperity. Argentina can escape boom-and-bust cycles and accelerate its recovery from the COVID-19 pandemic with an innovation-driven economy that, in addition to factor accumulation, fuels higher productivity growth across all its sectors. Such a growth model should build on Argentina’s strengths in human capital, research, and firm-level capabilities, which would help diversify the economy and make it more inclusive and less susceptible to external shocks, providing the country with a stronger buffer at times of uncertainty. Despite the volatility of the past few decades, Argentina has been able to develop important pockets of success in high-end research and in frontier productive sectors such as biotechnology and knowledge economy. All of these should be better exploited and strengthened through public-private partnerships, targeted investments, and an enabling business environment to increase innovation’s contribution to economic growth. A resilient economic recovery will, in part, require a long-term vision and a policy framework that builds a sustainable national innovation system. To contribute to the strengthening of such a national innovation system, this report reviews holistically the innovation performance in Argentina, identifies some of the main gaps and strengths, and discusses appropriate policy responses. The report also examines regional differences in innovation performance and reviews the policy effectiveness of recent initiatives that have focused on industry and science linkages and knowledge-based entrepreneurship. The lessons from these impact evaluations and fi ndings of the comparative evaluation of Argentina’s innovation landscape are intended to provide guidance in the design and strengthening of existing and future innovation policies in Argentina.

At Your Service?

Author : Gaurav Nayyar
Publisher : World Bank Publications
Page : 364 pages
File Size : 22,49 MB
Release : 2021-10-18
Category : Business & Economics
ISBN : 1464817103

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Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

The Innovation Illusion

Author : Fredrik Erixon
Publisher : Yale University Press
Page : 313 pages
File Size : 28,88 MB
Release : 2016-10-11
Category : Business & Economics
ISBN : 0300222122

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Timely, compelling, and certain to be controversial—a deeply researched study that reveals how companies and policy makers are hindering innovation-led growth Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Fredrik Erixon and Bjorn Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story. With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices. Capitalism, they argue, has lost its mojo. Assessing the experiences of global companies, including Nokia, Uber, IBM, and Apple, the authors explore three key themes: declining economic dynamism in Western economies; growing corporate reluctance to contest markets and innovate; and excessive regulation limiting the diffusion of innovation. At a time of low growth, high unemployment, and increasing income inequality, innovation-led growth is more necessary than ever. This book unequivocally details the obstacles hindering our future prosperity.

Too Much Finance?

Author : Mr.Jean-Louis Arcand
Publisher : International Monetary Fund
Page : 50 pages
File Size : 28,10 MB
Release : 2012-06-01
Category : Business & Economics
ISBN : 1475526105

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This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.

Innovation and Growth Chasing a Moving Frontier

Author : OECD
Publisher : OECD Publishing
Page : 272 pages
File Size : 14,26 MB
Release : 2009-12-18
Category :
ISBN : 9789264073968

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In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, and how countries are coping with them.

Entrepreneurship and Economic Development

Author : Wim Naudé
Publisher : Springer
Page : 384 pages
File Size : 39,31 MB
Release : 2010-12-08
Category : Business & Economics
ISBN : 0230295150

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Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.