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Good Growth and Governance in AfricaRethinking Development Strategies$
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Akbar Noman, Kwesi Botchwey, Howard Stein, and Joseph E. Stiglitz

Print publication date: 2011

Print ISBN-13: 9780199698561

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199698561.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 09 December 2021

Institutional Capacity and Policy Choices for Latecomer Technology Development *

Institutional Capacity and Policy Choices for Latecomer Technology Development *

Chapter:
(p.273) 9 Institutional Capacity and Policy Choices for Latecomer Technology Development*
Source:
Good Growth and Governance in Africa
Author(s):

Banji O. Oyeyinka

Padmashree Gehl Sampath

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199698561.003.0009

Latecomer countries possess varying levels of policy and institutional capacity to make the right kinds of choices that promote development, which explain to a large extent the difficulties they face in transforming knowledge through learning activities to technological capabilities and innovative performance. This chapter tries to answer some of the myriad of questions that arise in resolving the development conundrum of the latecomers. For instance, why is access to knowledge not sufficient to promote the use of knowledge? Why is public-sector research not sufficient to promote product development through the private sector? The answer to most of these very basic, often-assumed-to-be-given, constraints lies in the nature of and the capacity of formal and informal institutions that underlie innovation in latecomer countries. We suggest that one of the causes of this failure is the lack of an institutional base for innovation that builds on local and contextual factors.

Keywords:   latecomer, development, innovation, knowledge, government, institutions, policy

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