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Investigating the nature, drivers and sources of innovation in Africa, this book examines the channels for effective diffusion of innovation in and to Africa under institutional, resource and affordability constraints. Fu draws on almost a decade of research on innovation in Africa to explore these issues and unpack the process, combining a rigorous statistical analysis of a purposely designed multi-wave, multi-country survey with in-depth studies of representative cases. Building on this research, Fu argues that African firms are innovative but unsupported. Those 'under-the-radar' innovations that widely exist in Africa as a result of the constraints are not sufficient to enable Africa to leapfrog the innovation gap in the era of the fourth Industrial Revolution. This is the first comprehensive analysis of the creation and diffusion of innovation in low income countries. It also provides the first survey-based analysis of innovation in the informal economy.
Chapter 2 situates the role of services and services trade in the ASEAN economic landscape, providing a range of contextual metrics with which to gauge the contribution that services and services trade make to the region’s insertion into regional and global value chains and the overall regulatory and institutional setting in which such efforts proceed. It further investigates the actual (as opposed to negotiated) degree of openness of service regimes maintained in a sample of leading AMS, using a database developed by the World Bank Group.
Chapter 3 explores whether ASEAN displays the attributes of an optimal regulatory convergence area for services, examining a number of factors likely to challenge the pursuit of an integration agenda in policy environment characterized by a continued aversion towards more institutionalized forms of normative convergence and the regional pooling of regulatory sovereignty that a sustained commitment to deep integration generally requires in the services field.
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