This book examines the institutional roots of the persistent
differences in economic performance of firms, industries and
countries in Africa. It draws attention to the role of institutions
in supporting technical change and shows how technological progress
is central to competitiveness in a global context. The role of
initial conditions such as levels of literacy and natural
endowment, the structure of industry and resource endowment are
also emphasized. With its focus on how institutions shape systems
of innovation this book makes a unique contribution to the debate
about African development.
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