Critically assess the Regional Systems of Innovation theoretical framework as (i) an explanation of the regional development process and (ii) a basis for policymaking.
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Critically assess the Regional Systems of Innovation theoretical framework as (i) an explanation of the regional development process and (ii) a basis for policymaking.
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- Critically assess the Regional Systems of Innovation theoretical framework as an explanation of the regional development processThe key dimension(s) of Neo-Liberal Development theory include(s) A. Human well-being can best be advanced by promoting policies that support private property rights B. The path to development requires an effective use of market-based mechanisms to organize economies and allocate resources C. The State must be active in promoting economic development D. Both A and BCreate an entrepreneurship and socio-economic development relationship mind map. In your relationship mind map, you illustrate the interconnectivity of entrepreneurship and socio-economic benefits
- 1. Analyze contemporary issues affecting economic development in Trinidad and Tobago re Natural Disasters. 2. Develop strategies to research and access relevant information from a variety of sources. 3. Use data to analyze the levels of economic development across countries. 4. Use calculated measurement indicators to measure the performance of Caribbean economies. 5. Apply a researched theoretical framework, on economic development, to the context of a given Caribbean country.To what extent does attitudinal change as a psychological strategy help in promoting national development?Financial development, social capital, favourable business regulation, trade openness are different aspects of ‘social capability’ influencing innovation processes and, therefore, economic development. Make a ranking of these factors according to their observed degree of importance for economic development. Explain why ‘inclusiveness’ and ‘equality in opportunities’ can strengthen the innovation capability of an economy.
- Which of the following is a term that refers to the phenomenon that developing countries are becoming service economies without having aproper experience of industrialization? [Select One] Group of answer choices: Premature Deindustrialization Industrial Revolution Green Revolution Structural TransformationMeier recognizes these as secondary goals for achieving economic development: Select one: a. An increase in real per capita income and economic diversification b. A reduction in Poverty and income inequality c. A reduction in unemployment and crime and violence d. An improvement in environmental conditionFinancial development, social capital, favourable business regulation, tradeopenness are different aspects of ‘social capability’ influencing innovationprocesses and, therefore, economic development. Make a ranking of these factorsaccording to their observed degree of importance for economic development
- Using the ideas of Andre Gunder Franks’ Dependency theory and that of David Slater’s spatial theory of underdevelopment in Africa, explain how globalisation promotes or constraints the development process in sub-Saharan AfricaA large part of China's growth was due to export-led investment. They used the country's centralized authority to coordinate investments across industries. As more producers located in China, the greater the benefits were for other suppliers to operate there. What economic growth model is this statement consistent with? Lewis two-sector model The Big Push Kremer's O-Ring Theory Neocolonial Dependence ModelCase study : Experts Propose a Process for Increasing Innovation To what extent is the process of creating innovative communities consistent with the model of innovation?