Innovation, Technology, and Structural Transformation

Steve Onyeiwu

Chapter Chapter 6 in Emerging Issues in Contemporary African Economies, 2015, pp 125-148 from Palgrave Macmillan

Abstract: Abstract As discussed in chapters 3 and 4, growth in Africa has neither alleviated poverty as fast as one would expect, nor been accompanied by structural transformation. Structural transformation is impossible without technological change or technological diffusion and absorption. Considering that technological development preceded structural transformation in most countries, this chapter discusses the nature and determinants of technological capability in Africa and explores various options for strengthening the region’s technological capacities.

Keywords: Gross Domestic Product; African Country; Venture Capitalist; Technological Capability; African Government (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-40080-2_6

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DOI: 10.1057/9781137400802_6

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