Technological Learning and Innovation : Climbing a Tall Ladder
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 will 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.
Summary: | 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 will 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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