Читать книгу The Emerging Markets Handbook - Pran Tiku - Страница 72

Most economists agree that innovation is the single most important determinant of long-term economic growth. There is also a clear statistical link between innovation and an increased standard of living. For emerging markets to grow and expand output they can either increase the volume of inputs or introduce technology to help workers use existing levels of input more productively. The ranks of countries in the Global Innovation Index as well as evidence of government policy that encourages innovation are examined.