Innovation and Economic Development Working Paper Series Innovation and Economic Development Unu-merit Working Papers Maastricht Economic and Social Research and Training Centre on Innovation and Technology, Unu-merit

Is innovation important for development? And if so, how? One popular perception of innovation, that one meets in media every day, is that has to do with developing brand new, advanced solutions for sophisticated, well-off customers, through exploitation of the most recent advances in knowledge. Such innovation is normally seen as carried out by highly… CONTINUE READING