Revisiting the National Innovation System in Developing Countries

The paper argues that there is a greater commonality of approach between the National Innovation Systems approach and mainstream economic analysis than is often asserted, and that a better dialogue between the two could strengthen both perspectives...

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Bibliographic Details
Main Author: Maloney, William F.
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/754041507916582532/Revisiting-the-national-innovation-system-in-developing-countries
http://hdl.handle.net/10986/28554
Description
Summary:The paper argues that there is a greater commonality of approach between the National Innovation Systems approach and mainstream economic analysis than is often asserted, and that a better dialogue between the two could strengthen both perspectives. To this end, the paper uses an off-the-shelf neoclassical model to provide a tentative structure for what a National Innovation Systems schematic might look like and where its boundaries should be. Simulations from the model suggest how present benchmarking techniques may be misleading.