There is a common perception that low productivity or low growth is due to what can be called an innovation shortfall …, usually identified as a low rate of investment in research and development (R&D) compared with some high-innovation countries … problems that impede accumulation of all kinds of capital. When does a country suffer from an innovation shortfall above and …

This article explores in depth the role of indigenous and foreign innovation efforts in technological change and … catching up in emerging economies. It also looks at the interaction between indigenous and foreign innovation. The article … benefits of international technology diffusion can only be delivered with parallel indigenous innovation efforts and the …