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- Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up
Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up
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Economists have long argued that developing countries have the potential for high productivity growth if they adopt existing technologies and apply them to the local context. This report brings to bear new data sources to explore the innovation "paradox”: despite the potential for high returns, developing countries invest less in adopting and inventing new processes and products than advanced countries.
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