Innovation Theories: Relevance and Implications for Developing Country Innovation
AbstractInnovation is at the basis of economic development and as such, it is instrumental for developing countries. We review the literature on innovation from the perspectives of four select branches of economics to build a conceptual framework of innovation applicable to developing countries. The conceptual framework includes insights from the surveyed literature and identifies areas of further research. Finally, we conclude with policy recommendations for innovation policies in developing countries highlighting the fact that intellectual property protection is not likely to be at the basis of innovation in these countries.
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Bibliographic InfoPaper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 743.
Length: 32 p.
Date of creation: 2007
Date of revision:
Innovation; Development; Absorptive Capacity;
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-12-15 (All new papers)
- NEP-INO-2007-12-15 (Innovation)
- NEP-IPR-2007-12-15 (Intellectual Property Rights)
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