Innovation and Growth: A Survey of the Literature and a Case Study for Latin America
Danny García ()
Revista Ecos de Economía, 2007
Abstract:
This paper analyzes the recent literature on innovation and its determinants from an institutional point of view. Innovation is a concept that has been defined by several authors as implementing new ideas, processes, mechanisms and methods that allow the generation and development of new ideas, products, services and organization architectures. However, it is shown that the government, the universities and the private sector must converge in order to encourage the coevolution process of innovation. This is analyzed theoretically
Keywords: Clusters; Development; Economic Growth; Innovation; Panel data; Research and development; Enclaves productivos; Desarrollo; Crecimiento económico; Innovación; Datos de panel; Investigación y desarrollo (search for similar items in EconPapers)
JEL-codes: M13 O31 O32 O34 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:col:000442:010752
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