《《innovation and entrepreneurship in developing countries》.pdf

number 1, 2011 Overview Innovation and Entrepreneurship How does innovation impact on devel­ opment? How, and under what condi­ tions, do entrepreneurs in developing in Developing Countries countries innovate? And what can be done to support innovation by entre­ preneurs in developing countries? This policy brief addresses these questions and explains the relationship between obody can be left in any doubt as to the entr Nimportance of innovation for prosperity upon reading that “people living in epreneurship, innovation and devel­ opment. Policy lessons are drawn from the first decade of the twentieth century did not know modern dental and medical historical, cross­country and individual equipment, penicillin, bypass operations, safe births, control of genetically trans- country experiences. mitted diseases, personal computers, compact discs, television sets, automobiles, opportunities for fast and cheap worldwide travel, affordable universities, central heating, air conditioning . echnological change has transformed the quality of . . t 1 our lives.” Despite this, most of the work on understanding the process of innovation and its relationship to public policy has been conducted in economies at more advanced