@article{49522,
      author = {Hausmann, Ricardo, and Yildirim, Muhammed A., and Chacua,  Christian, and Hartog, Matte, and Matha, Shreyas Gadgin,},
      url = {http://tind.wipo.int/record/49522},
      title = {Innovation Policies Under Economic Complexity : Economic  Research Working Paper No.79.},
      abstract = {Recent geopolitical challenges have revived the  implementation of industrial and innovation policies.  Ongoing discussions focus on supporting cutting-edge  industries and strategic technologies but hardly pay  attention to their impact on economic growth. In light of  this, we discuss the design of innovation policies to  address current development challenges while considering  the complex nature of productive activities. Our approach  conceives economic development and technological progress  as a process of accumulation and diversification of  knowledge. This process is limited by the tacit nature of  knowledge and by countries’ binding constraints to  growth. Consequently, effective innovation policies should  be place-based and multidimensional, leveraging  countries’ existing capabilities and addressing  countries’ current problems. This contrasts policies that  lead to economic efficiencies, such as copying other  countries’ solutions to problems that countries do not  currently have.},
      doi = {https://doi.org/10.34667/tind.49522},
      recid = {49522},
      pages = {41 pages ;},
}