Innovation, growth and economic development : have the conditions for catch-up changed?

J. Fagerberg, B. Verspagen

    Research output: Contribution to journalArticleAcademicpeer-review

    24 Citations (Scopus)

    Abstract

    This paper shows that there have been important changes in how the global economic system works. A high growth regime has gradually been substituted by one of low growth. This change appears to be especially pronounced for small economies. Until the end of the 1980s, the scope for technological imitation was a significant factor in generating growth in low-income countries but this did not extend to the 1990s. The results reported in this paper suggest that, during the 1990s, whether low-income countries managed to catch up or fall behind depended mainly on their ability to develop their 'innovation system'.
    Original languageEnglish
    Pages (from-to)13-33
    Number of pages21
    JournalInternational Journal of Technological Learning, Innovation and Development
    Volume1
    Issue number1
    DOIs
    Publication statusPublished - 2007

    Fingerprint

    Dive into the research topics of 'Innovation, growth and economic development : have the conditions for catch-up changed?'. Together they form a unique fingerprint.

    Cite this