Learning, Capability Building and Innovation for Development

Nonfiction, Social & Cultural Studies, Social Science, Sociology, Reference & Language, Reference
Cover of the book Learning, Capability Building and Innovation for Development by , Palgrave Macmillan UK
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Author: ISBN: 9781137306937
Publisher: Palgrave Macmillan UK Publication: August 22, 2013
Imprint: Palgrave Macmillan Language: English
Author:
ISBN: 9781137306937
Publisher: Palgrave Macmillan UK
Publication: August 22, 2013
Imprint: Palgrave Macmillan
Language: English

Today, a large number of scholars studying development understand this process as involving learning and capability building. Capability building is an active, not a passive, process. It requires a purposeful effort from the learner's side, with support and commitment on allocation of time and resources toward learning activities. This process implies the possibility of failure as well as success, as we also learn from failures. A global cast of academics and policy makers examines economic development as a process of learning and technological accumulation, showing how economic development is a process involving creative destruction. While markets and market competition play major roles in structuring the development process, non-market institutions and government policies matter.

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Today, a large number of scholars studying development understand this process as involving learning and capability building. Capability building is an active, not a passive, process. It requires a purposeful effort from the learner's side, with support and commitment on allocation of time and resources toward learning activities. This process implies the possibility of failure as well as success, as we also learn from failures. A global cast of academics and policy makers examines economic development as a process of learning and technological accumulation, showing how economic development is a process involving creative destruction. While markets and market competition play major roles in structuring the development process, non-market institutions and government policies matter.

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