Section 1 Summary of the article “Continental, national and sub-national innovation systems—complementarity and economic growth”
The main purpose of the first article by Chris Freeman is to depict the role of a country’s innovation system on its economic growth. Freeman takes an historical approach by analyzing various countries’ developments over the last two centuries. The reason being that over time, technical change and institutional change are key variables that are used to explain a country’s economic growth. The article reports that there is significant divergence in economic growth rate between the developed and developing countries over time. The reason for this divergence is the social capability for institutional change of a country’s innovation systems.
According to Freeman’s article, there are two approaches used to define a country’s national innovation system: narrow and broad. Institutions that insist on promoting the acquisition and dissemination of knowledge while being the main sources of innovation depict a narrow national
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