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From creativity to innovation

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  • Yusuf, Shahid

Abstract

Talent is the bedrock of a creative society. Augmenting talent involves mobilizing culture and tradition, building institutions to increase the stock of human capital, enhance its quality, and instill values favoring achievements and initiative. The productivity of this talent in the form of ideas can be raised by nurturing wikicapital-the capital arising from networks. Translating creativity into innovation is a function of multiple incentives and sustaining innovation is inseparable from heavy investment in research. Finally, the transition from innovation to commercially viable products requires the midwifery of many service providers and the entrepreneurship skills of firms small and large.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4262.

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Date of creation: 01 Jun 2007
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Handle: RePEc:wbk:wbrwps:4262

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Keywords: Education for Development (superceded); ICT Policy and Strategies; Tertiary Education; Agricultural Knowledge&Information Systems; Cultural Policy;

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Cited by:
  1. Di Maria, Corrado & Lazarova, Emiliya A., 2012. "Migration, Human Capital Formation, and Growth: An Empirical Investigation," World Development, Elsevier, Elsevier, vol. 40(5), pages 938-955.
  2. Di Maria, Corrado & Stryszowski, Piotr, 2009. "Migration, human capital accumulation and economic development," Journal of Development Economics, Elsevier, Elsevier, vol. 90(2), pages 306-313, November.
  3. Jalles, João Tovar, 2010. "How to measure innovation? New evidence of the technology-growth linkage," Research in Economics, Elsevier, Elsevier, vol. 64(2), pages 81-96, June.

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