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Technological Learning and Innovation : Climbing a Tall Ladder

Listed author(s):
  • Otaviano Canuto
  • Mark A. Dutz
  • José Guilherme Reis

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: https://openknowledge.worldbank.org/bitstream/handle/10986/10167/555820BRI0EP210Box349455B01PUBLIC1.pdf?sequence=1
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Paper provided by The World Bank in its series World Bank Other Operational Studies with number 10167.

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Date of creation: Jul 2010
Handle: RePEc:wbk:wboper:10167
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  13. Yuriy Gorodnichenko & Jan Svejnar & Katherine Terrell, 2008. "Globalization and innovation in emerging markets," NBER Working Papers 14481, National Bureau of Economic Research, Inc.
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  16. Mark A. Dutz, 2007. "Unleashing India's Innovation : Toward Sustainable and Inclusive Growth," World Bank Publications, The World Bank, number 6856.
  17. Banerjee, Abhijit V. & Duflo, Esther, 2005. "Growth Theory through the Lens of Development Economics," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 7, pages 473-552 Elsevier.
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