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 pol...

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Bibliographic Details
Main Authors: Canuto, Otaviano, Dutz, Mark A., Reis, José Guilherme
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ICT
LAN
PDF
R&D
SAN
Online Access:http://documents.worldbank.org/curated/en/2010/07/12520329/technological-learning-innovation-climbing-tall-ladder
http://hdl.handle.net/10986/10167
Description
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.