Opening the Doors of Invention: Institutions, Technology and Developing Nations

Hilton L. Root


What can the knowledge economy offer developing countries? Can developing nations hope to transform existing social and economic relations into an information society? What are the roles of trust, social forces, laws, internal governance structures, financial and information intermediaries, regulators and civil society? Does the creation of an information society represent a paradigm shift in development that requires different thinking and a different path from that taken by agrarian societies that have industrialized? This article explores these questions, investigating the path that developing nations can follow to build a knowledge-based service economy.

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