Igniting Innovation

Language: English

Published by World Bank Publications, US, 2011

0821387405 / 9780821387405

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Seller: Rarewaves USA, HEBRON, KY, U.S.A.Rarewaves USA

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Innovation and technology absorption are now firmly recognised as one of the main sources of economic growth for emerging and advanced economies alike. That is why innovation is seen as a possible catalyst for revitalising post-transition economies hit hard by the recent financial and economic crisis. Is government intervention needed to foster innovation in post-transition economies? This is the central question to which this book responds. The answer is yes, but a qualified yes. Innovation activities are rife with market failures that tend to hold back private investment. And badly designed or badly implemented interventions can further hamper the development of an innovative and entrepreneurial culture among businesses and research communities. This book builds on the lessons from public institutions and programs to support innovation, both successful and failed, from Eastern Europe and Central Asia as well as China, Finland, Israel, and the United States. The lessons highlight the pitfalls of imitating models of government interventions from 'innovative' countries without having adequate systemic governance and institutional reforms.They underscore the need for intensified international R and D collaboration and foreign R and D investment to better integrate post-transition economies in the global R and D community. They spotlight further opening to FDI to encourage knowledge absorption. And they point to the importance of overhauling government support programs -especially financial ones - to address key pressures points along the innovation and commercialisation continuum.

Seller Inventory # LU-9780821387405

Title
Igniting Innovation
Author
Itzhak Goldberg
Publisher
World Bank Publications, US
Publication year
2011
Condition
New
Binding
Paperback
Language
English
ISBN 10
0821387405
ISBN 13
9780821387405
Item weight
466 grams

Rarewaves USA

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