Promoting Innovation in Developing Countries: A Conceptual Framework (original) (raw)
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The national system of innovations in the recent phase of globalization has undergone dramatic structural transformation. Innovations entails organizational as well as changes in the rules of the game. The history of economic development of the developing and newly industrializing economies shows that national systems of innovation have evolved keeping in view the most pressing requirements of the national economic development. The knowledge generation and transmission are the two essential characteristics of national innovation system that connects the users and producers of knowledge and also allows institutional arrangements to functions as a feedback system. The institutional arrangements are being altered substantially to allow capital to move freely across national borders on the one side and strict trade related intellectual property rights on the other. How these arrangements have affected the national system of innovation both in the developed and developing countries durin...