Policy brief: Informality and Access to Finance in Low Income Countries (LICs)
Innovation in the private sector is fundamental for growth
Abstract
In today’s globalising world, economists and business community actors acknowledge the importance of innovation and finance for productivity growth in facilitating economic growth and development. Recently, the promotion of innovation in Low Income Countries (LICs) has entered the agenda of policy-makers and international development agencies. Many agree that innovation is crucial in these countries, because innovation in the private sector, and in particular among small and medium sized enterprises, is fundamental for growth in order to catch up with middle and high income economies.
Citation
Tilburg University (2016) Policy brief: Informality and Access to Finance in Low Income Countries (LICs)
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