num_pages: 224
description: Innovation is the key determinant of growth and competitiveness. Increasing a countrys overall innovation capabilities and creating a sound and efficient national innovation regime help to increase the quality and sustainability of economic development and boost a countrys core competitiveness. In a world with expanding economic globalization all countries are faced with opportunities and challenges. The hope is that they will cooperate to promote the healthy and harmonious development of the world economy and this book takes a step in that direction.Innovation for Development and the Role of Government is a collection and expansion of papers given at the 2006 Innovation for Development forum held in Shanghai China. The authors include senior government officials international experts and scholars. The book is organized around three The relationship between innovation competitiveness and development; innovation and financial sector development; and innovation and government policies in China. It analyzes the nature of innovation and its role in economic development and competitiveness and it offers practical policy options for decision makers especially those in China.Throughout the volume the authors argue that the concept of innovation encompasses not only the technological but also the nontechnological forms. Technological innovation refers to the diffusion into the economy of new products and services of a technological nature. Nontechnological innovation refers to advances in organizations or institutions such as new management strategies or improved approaches to communications. Innovation is important for the service sectors such as finance and public services as well as for the production sectors where technologies play a crucial role.This book will be a fascinating read for those involved or interested in business economics finance government innovation public policy taxes technology or East Asia.
language: English
title: Innovation for Development and the Role of Government: A Perspective from the East Asia and Pacific Region
publisher: World Bank Publications