Jan Fagerberg (Centre for Technology, Innovation and Culture, University of Oslo) Martin Srholec (Centre for Technology, Innovation and Culture, University of Oslo)
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This paper focuses on the role of capabilities for economic development. In recent years data on different aspects of development have improved a lot. This provides new opportunities for in-depth research on capabilities and their measurement. The analysis, based on a factor analysis on 25 indicators and 115 countries from the 1992-2004 period, identifies 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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Paper provided by Centre for Technology, Innovation and Culture, University of Oslo in its series Working Papers on Innovation Studies with number
20071024.
References listed on IDEAS 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.:
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Rafael LaPorta & Florencio Lopez-de-Silane & Christian Pop-Eleches & Andrei Shleifer, 2003.
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