Columbia International Affairs Online: Policy Briefs

CIAO DATE: 12/2011

Innovation and Entrepreneurship in Developing Countries

Wim Naudé, Adam Szirmai, Micheline Goedhuys

January 2011

United Nations University

Abstract

How does innovation impact on development? How, and under what conditions, do entrepreneurs in developing countries innovate? And what can be done to support innovation by entrepreneurs in developing countries? This policy brief addresses these questions and explains the relationship between entrepreneurship, innovation and development. Policy lessons are drawn from historical, cross-country and individual country experiences.