Public Financial Support for Commercial Innovation in ECA Countries
Key factors driving self-sustained, long-term economic growth are innovation and technology absorption; these factors are generated from within the economic system, responding to economic incentives. This conceptual framework molds analysis: on the...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/05/12817909/public-financial-support-commercial-innovation-eca-countries http://hdl.handle.net/10986/10193 |
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okr-10986-101932021-04-23T14:02:49Z Public Financial Support for Commercial Innovation in ECA Countries Goldberg, Itzhak Trajtenberg, Manuel Jaffe, Adam Muller, Thomas Sunderland, Julie Blanco Armas, Enrique BARRIERS TO COMPETITION BUSINESS DEVELOPMENT BUSINESS SECTORS CAPITAL STOCK COLLABORATION COMPETITIVENESS DOMESTIC MARKETS ECONOMIC ACTIVITY ECONOMIC POLICIES EMERGING MARKETS ENVIRONMENT FOR INNOVATION EQUITY FUNDS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT SPENDING GOVERNMENT SUPPORT HUMAN CAPITAL INNOVATION INNOVATION POLICY INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERFACE INVENTION INVESTING INVESTMENT CLIMATE IP JOB CREATION KNOWLEDGE ECONOMY LEARNING MARGINAL COST MARKET FAILURES NATURAL RESOURCE NEW MARKETS NEW PRODUCTS NEW TECHNOLOGIES PRIVATE INVESTMENT PRIVATE INVESTOR PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR INVESTORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY PROGRAMS R&D REGULATORY REFORM RETURNS RISK CAPITAL RISK SHARING SATELLITES SILICON STARTUP STARTUPS STATE CAPTURE STRATEGIC INVESTORS TAX TAX INCENTIVES TECHNOLOGICAL DEVELOPMENT TECHNOLOGY PARKS TECHNOLOGY TRANSFER TRACK RECORD TRANSPARENCY VENTURE CAPITAL Key factors driving self-sustained, long-term economic growth are innovation and technology absorption; these factors are generated from within the economic system, responding to economic incentives. This conceptual framework molds analysis: on the one hand, the view of the centrality of innovation and knowledge creation in the growth process and, on the other hand, the understanding that these are economic factors that may be shaped and influenced by properly designed economic policies. For the purpose of this knowledge brief, innovation can be defined as the development and commercialization of new unproven technologies and untested processes and products, and absorption as the application of existing technologies, processes, and products. The ability of an economy to research and develop new technologies increases its ability to understand and apply existing technologies. Vice versa, the absorption of cutting-edge technology inspires new ideas and innovations. 2012-08-13T10:41:31Z 2012-08-13T10:41:31Z 2010-05 http://documents.worldbank.org/curated/en/2010/05/12817909/public-financial-support-commercial-innovation-eca-countries http://hdl.handle.net/10986/10193 English Europe and Central Asia Knowledge Brief; Volume No. 22 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
BARRIERS TO COMPETITION BUSINESS DEVELOPMENT BUSINESS SECTORS CAPITAL STOCK COLLABORATION COMPETITIVENESS DOMESTIC MARKETS ECONOMIC ACTIVITY ECONOMIC POLICIES EMERGING MARKETS ENVIRONMENT FOR INNOVATION EQUITY FUNDS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT SPENDING GOVERNMENT SUPPORT HUMAN CAPITAL INNOVATION INNOVATION POLICY INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERFACE INVENTION INVESTING INVESTMENT CLIMATE IP JOB CREATION KNOWLEDGE ECONOMY LEARNING MARGINAL COST MARKET FAILURES NATURAL RESOURCE NEW MARKETS NEW PRODUCTS NEW TECHNOLOGIES PRIVATE INVESTMENT PRIVATE INVESTOR PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR INVESTORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY PROGRAMS R&D REGULATORY REFORM RETURNS RISK CAPITAL RISK SHARING SATELLITES SILICON STARTUP STARTUPS STATE CAPTURE STRATEGIC INVESTORS TAX TAX INCENTIVES TECHNOLOGICAL DEVELOPMENT TECHNOLOGY PARKS TECHNOLOGY TRANSFER TRACK RECORD TRANSPARENCY VENTURE CAPITAL |
| spellingShingle |
BARRIERS TO COMPETITION BUSINESS DEVELOPMENT BUSINESS SECTORS CAPITAL STOCK COLLABORATION COMPETITIVENESS DOMESTIC MARKETS ECONOMIC ACTIVITY ECONOMIC POLICIES EMERGING MARKETS ENVIRONMENT FOR INNOVATION EQUITY FUNDS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT SPENDING GOVERNMENT SUPPORT HUMAN CAPITAL INNOVATION INNOVATION POLICY INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERFACE INVENTION INVESTING INVESTMENT CLIMATE IP JOB CREATION KNOWLEDGE ECONOMY LEARNING MARGINAL COST MARKET FAILURES NATURAL RESOURCE NEW MARKETS NEW PRODUCTS NEW TECHNOLOGIES PRIVATE INVESTMENT PRIVATE INVESTOR PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR INVESTORS PRIVATE SECTOR PARTICIPATION PRODUCTIVITY PROGRAMS R&D REGULATORY REFORM RETURNS RISK CAPITAL RISK SHARING SATELLITES SILICON STARTUP STARTUPS STATE CAPTURE STRATEGIC INVESTORS TAX TAX INCENTIVES TECHNOLOGICAL DEVELOPMENT TECHNOLOGY PARKS TECHNOLOGY TRANSFER TRACK RECORD TRANSPARENCY VENTURE CAPITAL Goldberg, Itzhak Trajtenberg, Manuel Jaffe, Adam Muller, Thomas Sunderland, Julie Blanco Armas, Enrique Public Financial Support for Commercial Innovation in ECA Countries |
| geographic_facet |
Europe and Central Asia |
| relation |
Europe and Central Asia Knowledge Brief; Volume No. 22 |
| description |
Key factors driving self-sustained,
long-term economic growth are innovation and technology
absorption; these factors are generated from within the
economic system, responding to economic incentives. This
conceptual framework molds analysis: on the one hand, the
view of the centrality of innovation and knowledge creation
in the growth process and, on the other hand, the
understanding that these are economic factors that may be
shaped and influenced by properly designed economic
policies. For the purpose of this knowledge brief,
innovation can be defined as the development and
commercialization of new unproven technologies and untested
processes and products, and absorption as the application of
existing technologies, processes, and products. The ability
of an economy to research and develop new technologies
increases its ability to understand and apply existing
technologies. Vice versa, the absorption of cutting-edge
technology inspires new ideas and innovations. |
| format |
Publications & Research :: Brief |
| author |
Goldberg, Itzhak Trajtenberg, Manuel Jaffe, Adam Muller, Thomas Sunderland, Julie Blanco Armas, Enrique |
| author_facet |
Goldberg, Itzhak Trajtenberg, Manuel Jaffe, Adam Muller, Thomas Sunderland, Julie Blanco Armas, Enrique |
| author_sort |
Goldberg, Itzhak |
| title |
Public Financial Support for Commercial Innovation in ECA Countries |
| title_short |
Public Financial Support for Commercial Innovation in ECA Countries |
| title_full |
Public Financial Support for Commercial Innovation in ECA Countries |
| title_fullStr |
Public Financial Support for Commercial Innovation in ECA Countries |
| title_full_unstemmed |
Public Financial Support for Commercial Innovation in ECA Countries |
| title_sort |
public financial support for commercial innovation in eca countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2010/05/12817909/public-financial-support-commercial-innovation-eca-countries http://hdl.handle.net/10986/10193 |
| _version_ |
1764412193905836032 |