Direction of innovation in developing countries and its driving forces

Direction of innovation in developing countries and its driving forces PDF Author: World Intellectual Property Organization
Publisher: WIPO
ISBN:
Category : Law
Languages : en
Pages : 41

Book Description
Innovation is a major driving force of long-term economic growth and sustainable development. Direction of innovation matters because technical change is not neutral and hence bears significant social, economic and environmental development implications. This paper contributes to the literature through a systematic examination of the direction of innovation in developing and emerging economies and its driving forces. It shows that innovation in the global South exhibits a vibrant and diverse landscape when we do not confine ourselves with traditional research and innovation indicators. While emerging economies are accelerating their pace in inventive activities in fields such as ICTs, biotech and engineering, low-income countries (LICs) are also found to be active in learning-based, incremental “under-the-radar innovations” (URIs). These URIs that are introduced through international technology transfer and indigenous innovative efforts. Indigenous sources of URIs play a primary role in LICs, contributed by localised learning-by-doing, close interaction with customers and embeddedness in regional production networks and clusters. However, insufficient role of the state, a low science and technology intensity and a lack of university-industry linkage limit the potential of URIs. International technology transfer is another important driver of technical change in developing countries. However, its strengthen varies across countries due to differences in host country policy, absorptive capacity, and the type of foreign economic engagement that they have as well as the inappropriateness of transferred foreign technologies mostly from Global North. Given the status of direction of innovation and its driving forces in developing countries, this report argues that the unfolding 4th industrial revolution poses both challenges and opportunities to LICs. Policy implications are discussed.

Analysis of Science, Technology, and Innovation in Emerging Economies

Analysis of Science, Technology, and Innovation in Emerging Economies PDF Author: Clara Inés Pardo Martínez
Publisher: Springer
ISBN: 3030135780
Category : Social Science
Languages : en
Pages : 321

Book Description
This book outlines a number of different perspectives on the relationship between science, technology, and innovation in emerging economies. In it, the authors explore the aforementioned relationship as a pillar of economic development, driving growth in emerging economies. Employing a collaborative and interdisciplinary approach, the authors work to determine the main related factors and outcomes of the relationship between science, technology, and innovation, ultimately seeking to guide public policies to enhance the welfare of the population of an emerging economy.

Technological Innovation Across Nations

Technological Innovation Across Nations PDF Author: Marina van Geenhuizen
Publisher: Springer Science & Business Media
ISBN: 3642001580
Category : Science
Languages : en
Pages : 207

Book Description
Innovation is the driving force behind economic growth. The knowledge that f- ters innovation builds on both systematic research and serendipity. The availability of new knowledge—be it technological or organizational (social)—is, however, - suf?cient. An institutional structure must be in place that enhances mutual learning among the actors involved and that stimulates cooperation, as well as competition. This recognition has inspired this volume, which focuses on national innovation s- tems and sectoral (technology) innovation systems that differ widely between co- tries, due to their diverse historical paths and distinctive cultural and societal f- tures. With regard to theory, most chapters incorporate a mix of endogenous growth theory and evolutionary thinking. Endogenous growth theory places an emphasis on the interplay between technological knowledge and various structural charact- istics of the economy and society, as well as on the results of economic growth. Concepts related to technology development, accumulation of knowledge on te- nology, and technology diffusion feature prominently here. In evolutionary thi- ing, and in particular coevolutionary thinking, the focus is on close links between technology and institutions, whereby the functionality of technology is in?uenced by certain dynamic interactions with institutional systems. Information technology turns out to be a clear example of such a development.

Innovation

Innovation PDF Author: Calestous Juma
Publisher: Earthscan
ISBN: 1844072185
Category : Developing countries
Languages : en
Pages : 214

Book Description
Describes approaches for effectively applying science, technology, and innovation to achieving the Millennium Development Goals. Outlines core areas for policy action, including a focus on platform or generic technologies, defining infrastructure services as foundations for technology, placing universities at the centre of local development and improving science education, spurring entrepreneurial activities, improving the policy environment and focusing on areas of under-funded research for development.

Inclusive Innovation for Sustainable Development

Inclusive Innovation for Sustainable Development PDF Author: Nathaniel O. Agola
Publisher: Springer
ISBN: 113760168X
Category : Business & Economics
Languages : en
Pages : 267

Book Description
Employing a three-dimensional approach, this book discusses inclusive innovation for socio-economic growth and development, and the implications for human security within the context of developing and emerging economies. Focusing on a new and innovative area of research, Inclusive Innovation for Sustainable Development explores new social and technological processes that are created within, and for the benefit of, marginalised populations. Considering policy and issues surrounding technology, business strategies and best practices, theoretical underpinnings and a broader contextualisation, the authors interrogate the concept of the inclusivity of innovations. Written from the perspective of the new UN paradigm which states that “no one will be left behind”, the book considers the potential contribution of modern technology to human security and develops frameworks that counter the potential increases in inequality that this may bring. With contributions from leading international scholars in a range of disciplines, as well as practitioners in international development organizations and private sector actors Inclusive Innovation for Sustainable Development provides a way forward for excluded majority populations to take control of innovative technologies and business processes.

Technological Change, Economic Development and Space

Technological Change, Economic Development and Space PDF Author: Cristoforo S. Bertuglia
Publisher: Springer Science & Business Media
ISBN: 3642797601
Category : Business & Economics
Languages : en
Pages : 365

Book Description
The pressures of global competition are affecting regions throughout the world and making it increasingly necessary to understand the complex underlying mechanisms and the potential for innovation offered by new technology. Success in economic restructuring depends not only on the technology itself, but the professional and entrepreneurial skills available and the support of provided by institutions and information networks. The very local nature these phenomena, which are critical to the innovative propensity of firms operating within the region, introduces an inevitable spatial dimension. The time therefore seems ripe to bring together contributions from scholars working in different, but related disciplines, with the aim of investigating the triangular relationship between technological change, economic development and space. The present volume offers a compact review of current theoretical developments and valuable insights deriving from recent empirical studies carried out both within Europe and elsewhere. All those contributing to this volume are actively involved in research in the field. Without their intellectual contribution and willingness to participate in this joint project, the book would not have been possible. We should like, in addition, to thank Angela Spence for her capable assistance in coordinating the various stages of preparation of the book, as well as her translation work and careful linguistic editing. Thanks also go to Paola Stasi for her meticulous copy editing and help in preparing the indices. Their work has been invaluable in moulding together in a single volume contributions from so many different sources.

Direction of Innovation in Developing Countries and Its Driving Forces

Direction of Innovation in Developing Countries and Its Driving Forces PDF Author: Xiaolan Fu
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 0

Book Description
Innovation is a major driving force of long-term economic growth and sustainable development. Direction of innovation matters because technical change is not neutral and hence bears significant social, economic and environmental development implications. This paper contributes to the literature through a systematic examination of the direction of innovation in developing and emerging economies and its driving forces. It shows that innovation in the global South exhibits a vibrant and diverse landscape when we do not confine ourselves with traditional research and innovation indicators. While emerging economies are accelerating their pace in inventive activities in fields such as ICTs, biotech and engineering, low-income countries (LICs) are also found to be active in learning-based, incremental "under-the-radar innovations" (URIs). These URIs that are introduced through international technology transfer and indigenous innovative efforts. Indigenous sources of URIs play a primary role in LICs, contributed by localised learning-by-doing, close interaction with customers and embeddedness in regional production networks and clusters. However, insufficient role of the state, a low science and technology intensity and a lack of university-industry linkage limit the potential of URIs. International technology transfer is another important driver of technical change in developing countries. However, its strengthen varies across countries due to differences in host country policy, absorptive capacity, and the type of foreign economic engagement that they have as well as the inappropriateness of transferred foreign technologies mostly from Global North. Given the status of direction of innovation and its driving forces in developing countries, this report argues that the unfolding 4th industrial revolution poses both challenges and opportunities to LICs. Policy implications are discussed.

Technologies and Innovations for Development

Technologies and Innovations for Development PDF Author: Jean-Claude Bolay
Publisher: Springer Science & Business Media
ISBN: 2817802683
Category : Science
Languages : en
Pages : 351

Book Description
Technological innovation – combined with scientific research – has always constituted a driving force of transformation in our societies. At the same time, it is no longer simply possible to transfer technologies from the North to the South; it is also essential to consider technical innovations that are adapted to the social, environmental, cultural and economic conditions of receiving countries, and which can be appropriated by their potential users and as such prove to be real technologies for fostering development. The first International Scientific Conference on the topic organized by the UNESCO Chair Technologies for Development at the Ecole Polytechnique Fédérale de Lausanne in 2010 focused on its four priority sectors: Technologies for Sustainable Development of Habitat and Cities, ICTs for the Environment, Science and Technology for Disaster Risk Reduction, and Technologies for the Production of Sustainable Energy. This volume reflects the main outcomes of the conference and provides some significant orientation and success criteria for the effective implementation and use of innovative technologies, their aims, their particular applications in the context of developing countries, their accessibility for users, and their appropriation by producers and stakeholders in the field of development both in the North and South, thus ensuring their sustainability. This kind of scientific cooperation also highlights the added values for northern researchers in sharing their knowledge and know-how, leading to a real win-win partnership. The authors gathered within this book include representatives from academic and research institutions and other organizations from diverse countries and offer a significant synergy of competences, approaches and disciplines.

The Challenges of Technology and Economic Catch-Up in Emerging Economies

The Challenges of Technology and Economic Catch-Up in Emerging Economies PDF Author: Jeong-Dong Lee
Publisher: Oxford University Press
ISBN: 0192896040
Category : Business & Economics
Languages : en
Pages : 517

Book Description
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.

Technological Change and Economic Catch-up

Technological Change and Economic Catch-up PDF Author: Grazia D. Santangelo
Publisher: Edward Elgar Publishing
ISBN: 9781845428174
Category : Business & Economics
Languages : en
Pages : 296

Book Description
This book tackles the issue of technological and economic catch-up by examining the role that public research institutions and local policy play in the promotion of this process by fostering local science-technology linkages with incoming foreign-owned multinationals.