3.3 – What Can Africa Do?

3.3 – What Can Africa Do?
Though the idea is that innovation is unbounded and can happen anywhere because of the ubiquitous processing power and shared knowledge made possible by new technologies, the reality is that innovation has a geographic component. The geography-relevance is not as in the scale of the old industrial economy that valued land as a key element of the factors of production for location and localization of firms. Nevertheless, even knowledge, the key driver of innovation, has geography-affinity. So, some people congregate in some parts of the world because of the benefits those areas offer to them. Those benefits emanate from policy…
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