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Estimating the SDGs' Demand for Innovation

Author

Listed:
  • Charles Kenny

    (Center for Global Development)

  • Dev Patel

    (Center for Global Development)

Abstract

How much innovation will be needed to meet the United Nations’ Sustainable Development Goals? We model shifts in the cross-country relationship between GDP per capita and achievement in key development indicators as “technological gains” and convergence to the best performers at a given income as “policy gains.” Assuming that the United Nations’ income growth projections for low- and middle-income countries are met, we estimate the residual demand for technology and policy innovation needed to meet several critical targets of the SDGs. Our results suggest that (i) best performers are considerably outperforming the average performance at a given income level, suggesting considerable progress could be achieved through policy change but that (ii) the targets set in the SDGs are unlikely to be met by 2030 without very rapid, ubiquitous technological progress alongside economic growth.

Suggested Citation

  • Charles Kenny & Dev Patel, 2017. "Estimating the SDGs' Demand for Innovation," Working Papers 469, Center for Global Development.
    • Handle: RePEc:cgd:wpaper:469
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    File URL: https://www.cgdev.org/publication/estimating-sdgs-demand-innovation
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    More about this item

    Keywords

    Sustainable Development Goals; Preston curves; innovation; technology;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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