Natural Resource Industries As a Platform for the Development of Knowledge Intensive Industries
Anabel Marin,
Lizbeth Navas-Alemán and
Carlota Perez
Tijdschrift voor Economische en Sociale Geografie, 2015, vol. 106, issue 2, 154-168
Abstract:
In the innovation and development literature, natural resources (NR) are generally viewed as a curse for developing nations and NR-based industries as having little potential to innovate and drive long-term growth. This has led policy and development experts to opt for strategies to induce a shift in the pattern of specialization towards other sectors. This paper proposes a different approach. By exploring recent evidence from the Argentinean agricultural sector and the mining industry in Chile, it points to the window of opportunity that NR industries offer as a platform to develop knowledge intensive industries with which to support economic development in resource-endowed countries. The lessons drawn from these findings suggest that development strategies can also promote more innovative knowledge intensive NR-based industries rather than moving away from them.
Date: 2015
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