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How can the South provide a new impetus for building innovative capacity?

The key insights gained from the preceding chapters can be summarized as follows. First, the South has become a major exporter of technology-intensive capital goods to various developing countries. However, at present, South-South trade relationships are dominated by countries that have the capacity to absorb and participate in the creation of new technological products and processes. As a result, most of these transactions occur between emerging countries themselves, and are determined by the ability of partners to engage in a quid pro quo process of collaboration. That is to say, technological collaboration despite being an intrinsic part of these transactions is of a kind where the partners undertake an exchange of their relatively different skills and knowledge to enhance their competitive base.

Related Subject(s): Economic and Social Development
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