Download or read book From Efficiency driven to Innovation driven Economic Growth written by Kim-Song Tan and published by World Bank Publications. This book was released on 2005 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looks at the rationale behind the re-orientation of the innovation policy in the past few years and describes the various measures that have been implemented in the past few years to facilitate the transition to an innovative economy.
Download or read book From Efficiency Driven to Innovation Driven Economic Growth written by Kim-Song Tan and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper looks at Singapore's efforts to transform the economic growth base from one that is predominantly efficiency-driven to one that is more innovation-driven. To accelerate the transition process, the government is aggressively investing in "innovation infrastructure"-systems and institutions that make the city a more conducive environment for innovations. The modus operandi, with a distinctive "winner-picking" flavor, mirrors that of its earlier strategic industrial policy in building up the manufacturing sector. It is also in sync with the new urban growth literature which argues that the success of any innovation-driven growth strategy depends on a city's ability to attract a large community of creative individuals in different fields. Innovation infrastructure building requires more than putting in the right systems. It also requires a mindset change at various levels of society. This paper looks at how the government's policy philosophy and practices have evolved over time, and discusses the effectiveness of the government-led, strategic supply-push approach in propelling Singapore onto an innovation-driven growth path. It takes into consideration the city-state's underlying comparative advantages (or disadvantages) and asks how Singapore's existing strength in efficiency infrastructure may give it a first mover advantage in attracting creative talent, how its success may be affected by the small size of the economy, and the various political and social constraints that a small sovereign city-state faces. These issues are explored against the backdrop of the keen competition among the major cities in the region to become an innovation hub.
Download or read book Data Driven Innovation Big Data for Growth and Well Being written by OECD and published by OECD Publishing. This book was released on 2015-10-06 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report improves the evidence base on the role of Data Driven Innovation for promoting growth and well-being, and provide policy guidance on how to maximise the benefits of DDI and mitigate the associated economic and societal risks.
Download or read book Growth Through Innovation written by Roman Boutellier and published by Springer Science & Business Media. This book was released on 2014-02-10 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capitalism produced entrepreneurs and property rights, the two basic pillars of innovation and growth. As the speed of technology is steadily increasing only radical innovation can be the name of the game. This book discusses technology and innovation trends by looking into historical examples and telling the latest business stories. It opens the discourse about pirates, pioneers, innovators and imitators; proposes the framework of dominant, science-driven and high-tech industry for innovation management and gives insights into intellectual property rights, industrial designs and technical risk management. Finally, it offers 8 important innovation principles for technology driven enterprises that have turned out to have a big effect on the outcome – and in the end on growth.
Download or read book Driving Complexity in Economic Development written by Diego Gomez and published by Springer Nature. This book was released on 2023-08-23 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the role of institutions in conditioning entrepreneurship and innovation to achieve economic development. Set against the backdrop of populism, this book is based on the premise that formal and informal institutional factors and entrepreneurship are closely linked and that studying the economic development of both developed and emerging economies can help us disentangle the role of entrepreneurship and innovation in developing countries. Using institutional economics as a main theoretical framework and the sociotechnical subsystems as a complementary approach, the authors present a detailed literature review to demonstrate that it is possible to identify the true role of entrepreneurship and innovation in the economic development process. The book embraces complexity to better measure and comprehend economic development, bringing a more compelling perspective on the importance of entrepreneurship and innovation for different dimensions of development. A valuable resource for students, scholars, and policymakers, the authors offer clear recommendations for developing countries.
Download or read book The Synergy Theory on Economic Growth Comparative Study Between China and Developed Countries written by Jianhua Liu and published by Springer. This book was released on 2018-09-21 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book constructs the Synergy Theory, a new theory of economic growth and calculation methodology. The book involves empirical comparative study on economic growth between China and the 14 developed countries, and on the basis of the synergy theory, divides GDP into labor compensation, capital income, and synergistic benefits, further establishes the new empirical model including the major determined factors of economic growth, such as growth of physical capital stock, growth of investment in physical capital, improvement of science and technology, improvement of human capital quality, labor force growth, institutional innovation and economic externalies. Subsequently, it uses the method of Data Envelopment Analysis to calculate the contribution of institutional innovation to economic growth, and it also focuses on the analysis of the determining factors of economic growth. Based on the analysis above, the new theory has been tested and the countermeasures and suggestions involving China's innovation-driven economy have been proposed.
Download or read book Entrepreneurship and Economic Development written by Wim Naudé and published by Springer. This book was released on 2010-12-08 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.
Download or read book Harnessing Public Research for Innovation in the 21st Century written by Anthony Arundel and published by Cambridge University Press. This book was released on 2021-03-04 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to maximizing the impact of work done at public research institutions and universities to boost innovation and growth.
Download or read book Innovation Led Economic Growth written by Charles Rice and published by CSIS Reports. This book was released on 2017-09 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation and technology are increasingly at the heart of economic growth around the world and will be crucial tools for addressing emerging issues such as global urbanization and growing demand for food, energy, and water. In this report, CSIS and RTI International assess the challenges and opportunities facing developing countries as they pursue innovation and technology-driven economic growth. The report includes analysis of three different subtopics--education and human capital development, translational research and development and commercialization, and the innovation policy environment--as well as case studies from Kenya, Malaysia, and India. From this research collaboration, CSIS and RTI International hope to create a platform for engaging a broad set of actors to support the creation of knowledge-based economies and innovation-led economic growth.
Download or read book Dynamism written by Edmund Phelps and published by Harvard University Press. This book was released on 2020-05-05 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression. Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on. Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore. The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.
Download or read book Transforming Economies Through Microfinance in Developing Nations written by Alhassan, Yahaya and published by IGI Global. This book was released on 2023-01-20 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the positive impact of microfinance on poverty reduction, women empowerment, and microenterprise development in some countries in Asia and Africa, a huge amount of time has been devoted by researchers to understanding how this concept can be used as a catalyst for transforming and sustaining the economies of developing and emerging countries. Though there are a few books on the role of microfinance in reducing poverty in developing countries across world, there is no specific book that explores the role of microfinance in transforming and sustaining economies of developing and emerging countries. Transforming Economies Through Microfinance in Developing Nations seeks to explore how the provision of microfinance to individuals and groups can contribute to the economic transformation and sustainability of the economies of developing and emerging countries. Covering key topics such as climate change, entrepreneurship, and rural development, this reference work is ideal for government officials, entrepreneurs, policymakers, researchers, academicians, practitioners, scholars, instructors, and students.
Download or read book Export Diversification and Economic Growth written by Juan Felipe Mejía and published by Springer Science & Business Media. This book was released on 2011-07-31 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main research problem addressed in the book is the one regarding the role that export diversification could play for enhancing economic growth in Colombia, both in terms of new products and new geographic markets. The underlying motivation for centering the analysis on the European Union’s market are manifold, reaching from the evident concentration of exports – both in terms of composition and markets- that Colombia still shows, to the small amount of empirical studies analyzing the current status and potentialities of the commercial relations between Colombia and the European Union.
Download or read book Entrepreneurship written by Stephen Roper and published by Routledge. This book was released on 2012-11-12 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurs exist in every country but the nature and level of entrepreneurial activity differs remarkably. Why is this? What shapes the level of entrepreneurial activity in each country? What defines entrepreneurial activity? As more and more teaching and research into entrepreneurship reflects its often international nature, the need for literature reflecting this grows. This concise new textbook provides an introduction to topics in entrepreneurship in a global context; focusing on how enterprise works across the world. Important topics such as financing, innovation and (anti) social enterprise are discussed in detail throughout the text and examples and case studies are used to illustrate the application of different theoretical and conceptual approaches to entrepreneurship and the role it plays in developed, emerging and transitional economies. Entrepreneurship: A Global Perspective is suitable for both final year undergraduate and postgraduate courses in enterprise and is likely to appeal particularly to student groups with a strong international element.
Download or read book Global Entrepreneurship and Development Index 2012 written by Zoltán J. Ács and published by Edward Elgar Publishing. This book was released on 2012 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: If the key to future global economic growth is the spread of innovation and entrepreneurship in the developing world, how can that spread be encouraged? This book determines the conditions that favour entrepreneurship, devises a way to measure them, and then assesses the gaps and improvements needed in each country.
Download or read book Innovation and Efficiency written by Heinz-Dieter Haustein and published by Pergamon. This book was released on 1985 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the Innovation process, the mechanisms of technological change and the measurement of efficiency in socioeconomic and technical- economic processes.
Download or read book Enterprise and Economic Development in Africa written by Dina M. Nziku and published by Emerald Group Publishing. This book was released on 2021-06-11 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a topical analysis of the challenges and achievements of enterprise, Enterprise and Economic Development in Africa examines contributions to economic development on the continent, as well as exploring implications for policy dimensions.
Download or read book Economic Development in the Gulf Cooperation Council Countries written by Héla Miniaoui and published by Springer Nature. This book was released on 2020-10-26 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book delves into the economic development of the six Gulf Cooperation Council (GCC) countries. Since the 1960s, the GCC states have harnessed their potential to exploit the wealth accrued from the oil boom to build their infrastructure and grow their economies. However, the high level of dependency on oil as the primary source feeding their output made their economies volatile and vulnerable to fluctuations in the global oil prices. Moreover, the plunge in oil prices and the threat of depletion of this natural resource pose serious challenges to the GCC countries. Consequently, the GCC governments have realized the importance of diversifying their economies following the need to move away from reliance on hydrocarbon. This book contributes to the theoretical literature by enriching the debate on the transition of the GCC countries from rentier states to diversified economies. It helps students and scholars understand this transformation with an expansive comprehension of the contemporary challenges facing the region, as well as outlining prospects for the future.
