Promoting innovation in developing countries: a conceptual framework - a review

Abstract

The paper aimed at providing a solid conceptual framework for the promotion of innovation in developing countries from which appropriate policies can be developed. The growing interest in innovation promotion particularly technological innovation in developing countries stems from limitations experienced through traditional economic policies encapsulated in neo-liberalization.According to the author the concept of innovation encompasses not only technological innovation such as new products, but also includes new management styles, improved communication techniques and other new logistic arrangements.