The Innovation Capacity Index: Factors, Policies, and Institutions Driving Country Innovation

Augusto López-Claros and Yasmina N. Mata

Chapter Chapter 1.1 in The Innovation for Development Report 2009–2010, 2010, pp 3-65 from Palgrave Macmillan

Abstract: Abstract The relative importance of various drivers of economic growth and prosperity has evolved over time and, for a growing number of countries, innovation, in its many dimensions, is emerging now as a leading factor.1 This chapter discusses the role of innovation in enhancing the development process. In particular, it features the Innovation Capacity Index, a methodological tool that examines a broad array of factors, policies, and institutions that have a bearing on strengthening innovation in a large number of countries, including their institutional environment, their human capital endowment, the presence of social inclusion, the regulatory and legal framework, the infrastructure for research and development, and the adoption and use of information and communication technologies, among others. The primary aim is to offer a didactic tool for policy dialogue on various dimensions of innovation. As will be shown, the methodologies developed allow the formulation of policy prescriptions that are country-specific, based on a nation’s stage of development, and the nature of its political regime.

Keywords: International Monetary Fund; Composite Indicator; Gross National Income; Innovation Capacity; Judicial Independence (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28547-7_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230285477

DOI: 10.1057/9780230285477_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().