Innovation and growth chasing a moving frontier

Innovation is crucial to long-term economic growth, even more so in the aftermath of the financial and economic crisis. In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, a...

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Bibliographic Details
Main Author: The World Bank.
Corporate Authors: The World Bank (-), Organisation for Economic Co-operation and Development, World Bank
Other Authors: Chandra, Vandana, 1957- (-)
Format: eBook
Language:Inglés
Published: Paris : [Washington, D.C.] : OECD ; World Bank c2009.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705403806719
Description
Summary:Innovation is crucial to long-term economic growth, even more so in the aftermath of the financial and economic crisis. In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, and how countries are coping with them. The authors discuss options for policy initiatives that can foster technological innovation in the pursuit of faster and sustainable growth.   The various chapters highlight how the emergence of an integrated global market affects the impact of national innovation policy. What seemed like effective innovation strategies (e.g. policies designed to strengthen the R&D capacity of domestic firms) are no longer sufficient for effective catch-up. The more open and global nature of innovation makes innovation policies more difficult to design and implement at the national scale alone. These challenges are further complicated by new phenomena, such as global value chains and the fragmentation of production, the growing role of global corporations, and the ICT revolution. Where and why a global corporation chooses to anchor its production affects the playing field for OECD and developing economies alike. Selected as a 2009 Notable Document by the American Library Association Government Documents Round Table.
Item Description:Description based upon print version of record.
Physical Description:1 online resource (268 p.)
Bibliography:Includes bibliographical references.
ISBN:9781282500280
9786612500282
9789264073975