From creativity to innovation
AbstractTalent 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 InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 4262.
Date of creation: 01 Jun 2007
Date of revision:
Education for Development (superceded); ICT Policy and Strategies; Tertiary Education; Agricultural Knowledge&Information Systems; Cultural Policy;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-06-30 (All new papers)
- NEP-CUL-2007-06-30 (Cultural Economics)
- NEP-EDU-2007-06-30 (Education)
- NEP-ENT-2007-06-30 (Entrepreneurship)
- NEP-HRM-2007-06-30 (Human Capital & Human Resource Management)
- NEP-INO-2007-06-30 (Innovation)
- NEP-KNM-2007-06-30 (Knowledge Management & Knowledge Economy)
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