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Learning, Capability Building and Innovation for Development

SKU: 9781137306937

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Additional information

Full Title

Learning, Capability Building and Innovation for Development

Author(s)
Edition
ISBN

9781137306937, 9781137306920, 9781349455270

Publisher

Palgrave Macmillan

Format

PDF and EPUB

Description

Today, a large number of scholars studying development understand this process as involving learning and capability building. Capability building is an active, not a passive, process. It requires a purposeful effort from the learner’s side, with support and commitment on allocation of time and resources toward learning activities. This process implies the possibility of failure as well as success, as we also learn from failures. A global cast of academics and policy makers examines economic development as a process of learning and technological accumulation, showing how economic development is a process involving creative destruction. While markets and market competition play major roles in structuring the development process, non-market institutions and government policies matter.