Innovation Theories: Relevance and Implications for Developing Country Innovation
Andréanne Léger and
No 743, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research
Innovation is at the basis of economic development and as such, it is instrumental for developing countries. We review the literature on innovation from the perspectives of four select branches of economics to build a conceptual framework of innovation applicable to developing countries. The conceptual framework includes insights from the surveyed literature and identifies areas of further research. Finally, we conclude with policy recommendations for innovation policies in developing countries highlighting the fact that intellectual property protection is not likely to be at the basis of innovation in these countries.
Keywords: Innovation; Development; Absorptive Capacity (search for similar items in EconPapers)
JEL-codes: B41 O31 P20 (search for similar items in EconPapers)
Pages: 32 p.
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp743
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