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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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  • Yusuf, Shahid, 2007. "From creativity to innovation," Policy Research Working Paper Series 4262, The World Bank.
    • Handle: RePEc:wbk:wbrwps:4262
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    References listed on IDEAS

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    3. Jalles, João Tovar, 2010. "How to measure innovation? New evidence of the technology-growth linkage," Research in Economics, Elsevier, vol. 64(2), pages 81-96, June.
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    5. Klimczuk-Kochańska, Magdalena, 2017. "Importance of Creativity of Employees in Adaptation of Food Companies to Innovative Trends in the World," MPRA Paper 84979, University Library of Munich, Germany.

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    Education for Development (superceded); ICT Policy and Strategies; Tertiary Education; Agricultural Knowledge&Information Systems; Cultural Policy;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