Innovation for Development and the Role of Government : A Perspective from the East Asia and Pacific Region
This book is the result of a joint forum on 'innovation for development' held by the World Bank and the China-based Asia-Pacific Finance and Development Center (AFDC) in Shanghai in September 2006. The book examines the relationship betwe...
| Main Authors: | , , , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC : World Bank
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/10/10189037/innovation-development-role-government-perspective-east-asia-pacific-region http://hdl.handle.net/10986/6310 |
| Summary: | This book is the result of a joint forum
on 'innovation for development' held by the World
Bank and the China-based Asia-Pacific Finance and
Development Center (AFDC) in Shanghai in September 2006. The
book examines the relationship between innovation,
competitiveness, and economic growth; the role of innovation
in financial sector development; and specific government
policies for innovation in China. Development is one of the
major themes of today's world. In the context of global
economic development practices, the development patterns of
various countries fall primarily into three categories. The
first is the resources-based pattern, which is supported by
natural resource endowments. The second category is the
dependency pattern, which is determined by a country's
adjacency to economically developed countries with which it
has close economic ties. The third is the innovation-based
pattern, which is driven by innovation. Measured by levels
of economic development, the current top 20 most developed
countries in the world have opted primarily for an
innovation-driven pattern. In addition, from three
perspectives, namely, the creation of an innovation regime,
innovation-oriented fiscal and financial policies, and
regional cooperation on innovation, and in two dimensions,
namely, theory and practice, the book discusses and explores
problems facing us all now and challenges in the future. The
viewpoints in this book both reflect the research on the
issues of innovation by its authors and, to a certain
extent, mirror the views expressed by nonspeaker experts in
the course of discussions at the 2006 forum. Economic
globalization is an inevitable trend. It is extremely
necessary and valuable to conduct research on, and exchange
views about, innovation and development against the backdrop
of constantly deepening economic globalization. First and
foremost, this helps us to see through the vast and complex
economic surface to examine and discover the laws that drive
sustainable economic development. Second, through sharing
experiences of innovation among different countries, it can
help us to establish a cooperative mechanism for innovation
that can transcend social systems and cultural differences
and promote the harmonious economic development for the region. |
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