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Innovation, Regional Integration, and Development in AfricaReframing the Debates on Innovation and Regional Integration in Africa

Innovation, Regional Integration, and Development in Africa: Reframing the Debates on Innovation... [Innovation has been very critical and central to the establishment of modern industrial societies. The transformation of former agrarian societies of Europe, United States of America in nineteenth and twentieth centuries and of recent, Asia was largely due to the development of National Systems of Innovation. In order to facilitate development, the State in these countries formulated public policies that prioritised investment in research and development with focus on innovation. In the United States of America for instance, investment in technology was initially focused on building military capability. Although such investments did not have commercial orientation as the overriding objective, they laid the foundation for the future industrial and technological innovations that the country has witnessed over the past two centuries (Moweri and Rosenberg 1993). Innovation has been defined as the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations (OECD 2005, 2012).] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Innovation, Regional Integration, and Development in AfricaReframing the Debates on Innovation and Regional Integration in Africa

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Publisher
Springer International Publishing
Copyright
© Springer International Publishing AG, part of Springer Nature 2019
ISBN
978-3-319-92179-2
Pages
1 –11
DOI
10.1007/978-3-319-92180-8_1
Publisher site
See Chapter on Publisher Site

Abstract

[Innovation has been very critical and central to the establishment of modern industrial societies. The transformation of former agrarian societies of Europe, United States of America in nineteenth and twentieth centuries and of recent, Asia was largely due to the development of National Systems of Innovation. In order to facilitate development, the State in these countries formulated public policies that prioritised investment in research and development with focus on innovation. In the United States of America for instance, investment in technology was initially focused on building military capability. Although such investments did not have commercial orientation as the overriding objective, they laid the foundation for the future industrial and technological innovations that the country has witnessed over the past two centuries (Moweri and Rosenberg 1993). Innovation has been defined as the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations (OECD 2005, 2012).]

Published: Jul 27, 2018

Keywords: Regional Integration Approach; Economic Community Of West African States (ECOWAS); Tripartite Free Trade Area (TFTA); Muchie; Southern African Development Community

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