1945

Innovation and learning to drive industrial development

COUNTRIES CAN SUSTAIN INDUSTRIAL GROWTH TODAY ONLY IF THE key players-individual enterprises-are able to develop competitive capabilities. Building capabilities requires conscious technological and other effort. And this effort is not very different whether an enterprise is creating new technologies or learning the efficient use of technologies brought from other countries. Whether such effort is undertaken, and how well it is managed, varies from enterprise to enterprise, according to its management, strategy and resources. But it also depends vitally on the economic environment in which the enterprise functions.

Related Subject(s): Economic and Social Development
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