How Do Emerging Markets Innovate? Evidence from Brazil and India

Simon Commander
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Simon Commander: European Bank for Reconstruction and Development (EBRD) and Altura Advisers

Chapter Chapter 2.10 in The Innovation for Development Report 2009–2010, 2010, pp 211-217 from Palgrave Macmillan

Abstract: Abstract Accounts of growth in the developed or OECD economies over the past quarter century are replete with reference to the importance of new technology. Indeed, the advent of the computer and its widespread adoption across firms has been likened to the impact of earlier key innovations, such as the steam engine and/or electricity. More generally, information and communications technology (ICT) has been grouped as a new general purpose technology that has, in turn, been associated with new waves of innovation that have driven productivity growth and ultimately acceleration in the growth rates of countries.

Keywords: Labor Market Regulation; OECD Economy; Capital Intensity; Wage Share; General Purpose Technology (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1057/9780230285477_11

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