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Technological Learning and Innovation: Climbing a Tall Ladder

  • Canuto, Otaviano

    ()

    (World Bank)

  • Dutz, Mark

    ()

    (World Bank)

  • Reis, José Guilherme

    ()

    (World Bank)

As the global stock of ideas expands and diffuses across and within countries, technological learning is poised to become an even more important determinant of growth through its impact on innovation. This note reviews global trends that make a policy focus on technological learning and innovation more important than ever for developing countries. The note explores how the recent global financial crisis may affect these trends and outlines several implications of these trends for innovation policy moving forward. Developing countries would benefit from an increased policy emphasis on technological learning and the adoption of more efficient existing technologies to generate more and better jobs and higher standards of living.

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File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP21.pdf
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Article provided by The World Bank in its journal Economic Premise.

Volume (Year): (2010)
Issue (Month): 21 (July)
Pages: 1-8

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Handle: RePEc:wbk:prmecp:ep21
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  1. Gorodnichenko, Yuriy & Svejnar, Jan & Terrell, Katherine, 2008. "Globalization and Innovation in Emerging Markets," IZA Discussion Papers 3299, Institute for the Study of Labor (IZA).
  2. Nick Bloom & Ben Eifert & Aprajit Mahajan & David McKenzie & John Roberts, 2010. "Does management matter?: evidence from India," LSE Research Online Documents on Economics 36366, London School of Economics and Political Science, LSE Library.
  3. Goyal, Aparajita, 2010. "Information, direct access to farmers, andrural market performance in central India," Policy Research Working Paper Series 5315, The World Bank.
  4. Gorodnichenko, Yuriy & Schnitzer, Monika, 2010. "Financial Constraints and Innovation: Why Poor Countries Don't Catch Up," IZA Discussion Papers 4786, Institute for the Study of Labor (IZA).
  5. Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2007. "Firm innovation in emerging markets : the roles of governance and finance," Policy Research Working Paper Series 4157, The World Bank.
  6. Gregory Corcos & Delphine M. Irac & Giordano Mion & Thierry Verdier, 2008. "The Determinants of Intra-Firm Trade," Development Working Papers 267, Centro Studi Luca d'Agliano, University of Milano.
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