Missed Opportunities : Innovation and Resource-Based Growth in Latin America
Latin America missed opportunities for rapid resource-based growth that similarly endowed countries-Australia, Canada, Scandinavia-were able to take advantage of. Fundamental to this poor performance was deficient technological adoption driven by t...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2002/12/2107994/missed-opportunities-innovation-resource-based-growth-latin-america http://hdl.handle.net/10986/19196 |
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okr-10986-191962021-04-23T14:03:43Z Missed Opportunities : Innovation and Resource-Based Growth in Latin America Maloney, William F. GROWTH PATTERNS RESOURCES UTILIZATION INNOVATIONS TECHNOLOGICAL OBSOLESCENCE TECHNOLOGY CHOICE LEARNING READINESS INNOVATION IN BUSINESS HUMAN CAPITAL INVESTMENTS SCIENTIFIC APPARATUS & INSTRUMENTS CAPACITY CONSTRAINTS INDUSTRIALIZATION POLICY MONOPOLISTIC COMPETITION GROWTH-REDUCING POLICIES AGRICULTURE AIR ANIMAL HUSBANDRY ARBITRAGE BEEF BREEDING CAPITAL FLIGHT CATTLE COLLUSION COMPETITIVENESS CROPS DEBT DEPRESSION DEVELOPMENT POLICIES DISCOVERIES ECONOMIC CONDITIONS ECONOMIC GROWTH ENGINEERING ENGINEERS EQUILIBRIUM EXPENDITURES EXPLOITATION FAMILIES FARMS FISHING FORESTRY FORESTS GDP HUMAN CAPITAL INCOME INCOME LEVELS INDUSTRIALIZATION INNOVATION INNOVATIONS INVENTIONS IRON KNOW-HOW KNOWLEDGE ECONOMY LANDS LAWS LIVESTOCK MARKETING MINES NATURAL RESOURCES NET EXPORTS NETWORKS NEW PRODUCTS NEW TECHNOLOGIES OPEN ECONOMIES PASTURES PATENTS PERVERSE INCENTIVES POLITICAL ECONOMY PRINTING PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC GOODS QUALITY CONTROL ROOTS SAFETY SAVINGS SCHOOLS SHEEP TECHNICAL ASSISTANCE TECHNOLOGICAL PROGRESS TECHNOLOGICAL REVOLUTION TECHNOLOGY TRANSFER TELECOMMUNICATIONS TESTING SERVICES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS UNIVERSITIES WEALTH WHEAT GROWTH-REDUCING POLICIES AGRICULTURE Latin America missed opportunities for rapid resource-based growth that similarly endowed countries-Australia, Canada, Scandinavia-were able to take advantage of. Fundamental to this poor performance was deficient technological adoption driven by two factors. First, deficient national "learning" or "innovative" capacity, arising from low investment in human capital and scientific infrastructure, led to weak ability to innovate or even take advantage of technological advances abroad. Second, the period of inward-looking industrialization discouraged innovation and created a sector whose growth depended on artificial monopoly rents rather than the quasi-rents arising from technological adoption, and at the same time undermined resource-intensive sectors that had the potential for dynamic growth. 2014-08-01T17:27:40Z 2014-08-01T17:27:40Z 2002-12 http://documents.worldbank.org/curated/en/2002/12/2107994/missed-opportunities-innovation-resource-based-growth-latin-america http://hdl.handle.net/10986/19196 English en_US Policy Research Working Paper;No. 2935 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Latin America |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
GROWTH PATTERNS RESOURCES UTILIZATION INNOVATIONS TECHNOLOGICAL OBSOLESCENCE TECHNOLOGY CHOICE LEARNING READINESS INNOVATION IN BUSINESS HUMAN CAPITAL INVESTMENTS SCIENTIFIC APPARATUS & INSTRUMENTS CAPACITY CONSTRAINTS INDUSTRIALIZATION POLICY MONOPOLISTIC COMPETITION GROWTH-REDUCING POLICIES AGRICULTURE AIR ANIMAL HUSBANDRY ARBITRAGE BEEF BREEDING CAPITAL FLIGHT CATTLE COLLUSION COMPETITIVENESS CROPS DEBT DEPRESSION DEVELOPMENT POLICIES DISCOVERIES ECONOMIC CONDITIONS ECONOMIC GROWTH ENGINEERING ENGINEERS EQUILIBRIUM EXPENDITURES EXPLOITATION FAMILIES FARMS FISHING FORESTRY FORESTS GDP HUMAN CAPITAL INCOME INCOME LEVELS INDUSTRIALIZATION INNOVATION INNOVATIONS INVENTIONS IRON KNOW-HOW KNOWLEDGE ECONOMY LANDS LAWS LIVESTOCK MARKETING MINES NATURAL RESOURCES NET EXPORTS NETWORKS NEW PRODUCTS NEW TECHNOLOGIES OPEN ECONOMIES PASTURES PATENTS PERVERSE INCENTIVES POLITICAL ECONOMY PRINTING PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC GOODS QUALITY CONTROL ROOTS SAFETY SAVINGS SCHOOLS SHEEP TECHNICAL ASSISTANCE TECHNOLOGICAL PROGRESS TECHNOLOGICAL REVOLUTION TECHNOLOGY TRANSFER TELECOMMUNICATIONS TESTING SERVICES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS UNIVERSITIES WEALTH WHEAT GROWTH-REDUCING POLICIES AGRICULTURE |
| spellingShingle |
GROWTH PATTERNS RESOURCES UTILIZATION INNOVATIONS TECHNOLOGICAL OBSOLESCENCE TECHNOLOGY CHOICE LEARNING READINESS INNOVATION IN BUSINESS HUMAN CAPITAL INVESTMENTS SCIENTIFIC APPARATUS & INSTRUMENTS CAPACITY CONSTRAINTS INDUSTRIALIZATION POLICY MONOPOLISTIC COMPETITION GROWTH-REDUCING POLICIES AGRICULTURE AIR ANIMAL HUSBANDRY ARBITRAGE BEEF BREEDING CAPITAL FLIGHT CATTLE COLLUSION COMPETITIVENESS CROPS DEBT DEPRESSION DEVELOPMENT POLICIES DISCOVERIES ECONOMIC CONDITIONS ECONOMIC GROWTH ENGINEERING ENGINEERS EQUILIBRIUM EXPENDITURES EXPLOITATION FAMILIES FARMS FISHING FORESTRY FORESTS GDP HUMAN CAPITAL INCOME INCOME LEVELS INDUSTRIALIZATION INNOVATION INNOVATIONS INVENTIONS IRON KNOW-HOW KNOWLEDGE ECONOMY LANDS LAWS LIVESTOCK MARKETING MINES NATURAL RESOURCES NET EXPORTS NETWORKS NEW PRODUCTS NEW TECHNOLOGIES OPEN ECONOMIES PASTURES PATENTS PERVERSE INCENTIVES POLITICAL ECONOMY PRINTING PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC GOODS QUALITY CONTROL ROOTS SAFETY SAVINGS SCHOOLS SHEEP TECHNICAL ASSISTANCE TECHNOLOGICAL PROGRESS TECHNOLOGICAL REVOLUTION TECHNOLOGY TRANSFER TELECOMMUNICATIONS TESTING SERVICES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS UNIVERSITIES WEALTH WHEAT GROWTH-REDUCING POLICIES AGRICULTURE Maloney, William F. Missed Opportunities : Innovation and Resource-Based Growth in Latin America |
| geographic_facet |
Latin America & Caribbean Latin America |
| relation |
Policy Research Working Paper;No. 2935 |
| description |
Latin America missed opportunities for
rapid resource-based growth that similarly endowed
countries-Australia, Canada, Scandinavia-were able to take
advantage of. Fundamental to this poor performance was
deficient technological adoption driven by two factors.
First, deficient national "learning" or
"innovative" capacity, arising from low investment
in human capital and scientific infrastructure, led to weak
ability to innovate or even take advantage of technological
advances abroad. Second, the period of inward-looking
industrialization discouraged innovation and created a
sector whose growth depended on artificial monopoly rents
rather than the quasi-rents arising from technological
adoption, and at the same time undermined resource-intensive
sectors that had the potential for dynamic growth. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Maloney, William F. |
| author_facet |
Maloney, William F. |
| author_sort |
Maloney, William F. |
| title |
Missed Opportunities : Innovation and Resource-Based Growth in Latin America |
| title_short |
Missed Opportunities : Innovation and Resource-Based Growth in Latin America |
| title_full |
Missed Opportunities : Innovation and Resource-Based Growth in Latin America |
| title_fullStr |
Missed Opportunities : Innovation and Resource-Based Growth in Latin America |
| title_full_unstemmed |
Missed Opportunities : Innovation and Resource-Based Growth in Latin America |
| title_sort |
missed opportunities : innovation and resource-based growth in latin america |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2002/12/2107994/missed-opportunities-innovation-resource-based-growth-latin-america http://hdl.handle.net/10986/19196 |
| _version_ |
1764439731025739776 |