How to Stimulate Innovation by Africa’s Private Sector
Governments in advanced economies have historically helped spur commercial innovation, particularly as a result of spillovers from defense related research and development. In many emerging markets, however, government lacks the resources or capabi...
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| Format: | Brief |
| Language: | English |
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International Finance Corporation, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/941231477478261184/How-to-stimulate-innovation-by-Africa-s-private-sector http://hdl.handle.net/10986/30331 |
| Summary: | Governments in advanced economies have
historically helped spur commercial innovation, particularly
as a result of spillovers from defense related research and
development. In many emerging markets, however, government
lacks the resources or capabilities to do so. In Africa, as
in other emerging markets, this has created an opening for
private firms to drive innovation. By applying advances in
technologies, businesses are enhancing productivity and
growth across the continent. |
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