External Opportunities, Innovation and Industrial Growth: The Case of GVCs in Africa
The unprecedented rise in global value chains (GVCs) for trade in both intermediate and final goods has challenged traditional consensus, raising questions of who benefits from GVCs and how their developmental implications can be better channeled (Keane, 2008; Suder et al., 2015; Johnson and Noguera 2012). GVCs segment product cycles in sectors from conceptualization and research and development (R&D), all the way to production, distribution and often also disposal of product waste (Kaplinsky, 2000), leading to a new fragmentation of production worldwide.
KeywordsInnovation Policy Technological Capability Industrial Growth Innovation Capacity Technological Upgrade
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