Innovation, growth and economic development: have the conditions for catch-up changed? Online publication date: Tue, 04-Sep-2007
by Jan Fagerberg, Bart Verspagen
International Journal of Technological Learning, Innovation and Development (IJTLID), Vol. 1, No. 1, 2007
Abstract: This paper shows that there have been important changes in how the global economic system works. A high growth regime has gradually been substituted by one of low growth. This change appears to be especially pronounced for small economies. Until the end of the 1980s, the scope for technological imitation was a significant factor in generating growth in low-income countries but this did not extend to the 1990s. The results reported in this paper suggest that, during the 1990s, whether low-income countries managed to catch up or fall behind depended mainly on their ability to develop their 'innovation system'.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technological Learning, Innovation and Development (IJTLID):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com