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National innovation systems, capabilities and economic development

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Author Info
Fagerberg, Jan
Srholec, Martin

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Abstract

This paper focuses on the role of capabilities in economic development. In recent years, the quality and availability of data on different aspects of development have improved, and this provides new opportunities for investigating the reasons behind the large differences in economic development. Using factor analysis on data for 25 indicators and 115 countries between 1992 and 2004, we identify four different types of "capabilities": the development of the "innovation system", the quality of "governance", the character of the "political system" and the degree of "openness" of the economy. Innovation systems and governance are shown to be of particular importance for economic development.

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File URL: http://www.sciencedirect.com/science/article/B6V77-4T719R8-1/2/03a3310c99b22d5c832a3f957791916e
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Publisher Info
Article provided by Elsevier in its journal Research Policy.

Volume (Year): 37 (2008)
Issue (Month): 9 (October)
Pages: 1417-1435
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Handle: RePEc:eee:respol:v:37:y:2008:i:9:p:1417-1435

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  33. Alan B. Krueger & Mikael Lindahl, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Narula, Rajneesh & Dunning, John H., 2009. "Multinational enterprises, development and globalisation: Some clarifications and a research agenda," UNU-MERIT Working Paper Series 023, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
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