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Writer °ü¸®ÀÚ Date 2017-10-23
Subject Lee, et al 2015, "Innovation Capabilities for Sustainable Development in Africa"
Oxford Handbook of Africa & Economics
Contents Keun Lee, Calestous Juma, and John Mathews. (2015). Innovation Capabilities for Sustainable Development in Africa. In Célestin Monga and Justin Yifu Lin (eds.), Oxford Handbook of Africa and Economics: Volume 2: Policies and Practices (ch.14, pp.272-86). Oxford University Press

[Abstract]
This chapter examines how innovation capabilities can help Africa achieve sustainable development. In particular, it explores how learning mechanisms and channels of access to foreign knowledge can augment domestic capabilities as part of innovation. The discussion begins by considering the potential of innovation to enable sustainability in its economic, social, and environmental dimensions. The chapter then focuses on Africa¡¯s latecomer advantages and the feasibility and necessity of adopting an alternative growth paradigm. It also compares three different types of failures—market failure, system failure, and capability failure—and argues that the capability failure is more unique to Africa and developing countries and presents a barrier to innovation. The chapter concludes by describing specific policy strategies for building up the innovation capabilities of African countries.
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