Industrializing Africa

Bertha Vallejo

No 2024-019, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: Despite the interest in African industrialization, sub-Saharan Africa’s path towards science, technology and innovation (STI)-led development has been slow. The underdeveloped capacity for dynamic interactions among the actors in the innovation system (i.e., firms, knowledge centers, governments, and civil society) has contributed to this slow development. Innovation capacity results from technological efforts by firms over time, but these efforts should align with the firms’ characteristics and environment. The large pool of small and medium firms in African manufacturing should be considered when designing STI policies. The context within which these policies are implemented is critical for the evolution of the innovation system and the dynamism of its actors.

JEL-codes: O14 O39 O55 (search for similar items in EconPapers)
Date: 2024-08-13
New Economics Papers: this item is included in nep-afr, nep-cse and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2024019

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