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Article: Introduction: innovation, growth and development in Latin-America: stylized facts and a policy agenda.
- Article from:
- Innovation: Management, Policy, & Practice
- Article date:
- April 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 eContent Management Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SUMMARY
Many studies have shown that the long-term economic growth of industrialized economies stems from the enlargement of technological activities that lead to new products, processes or industries, as well as improving productivity. Some newly industrializing countries have achieved remarkable increases in innovative output in the last decades, suggesting that they have expanded their national technological capabilities. However, an unanswered question is how science and technology, which appear to be the key to industrial development in advanced economies, can be effectively used for economic and social development in today's developing countries.
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