申論題

 The meaning of innovation and entrepreneurship, and the policies made to promote them differ across groups of developing countries. On the one hand, there is a small group of countries such as Brazil and Mexico which has achieved a certain stage of capitalistic development that provides an institutional environment for encouraging innovation and entrepreneurship. On the other hand, there is a large group of countries in Africa and Asia as well as in Latin America which lacks the critical level of capital accumulation even for sustainable development, let alone for the growth of innovation and entrepreneurship.