This report looks at how technology and innovation achieves
inclusive and sustainable industrial development (ISID). Its main
finding is that ISID is feasible and technology can simultaneously
serve all three dimensions of sustainability, including economic,
social and environmental. Rapid inclusive and sustainable
industrialization can happen more frequently provided that
policymakers firmly steer the industrialization process with
opportune policies and avoid past mistakes. In some cases, the
spread of technology has not materialized in concrete growth
opportunities because of the lack of technological capabilities.
Innovation needs to be supported by interventions strengthening the
process from invention to adoption, as capabilities are developed
and high tech manufacturing sectors are created, seeing higher
rates of sustainable growth.
General
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