Video: When it comes to spurring economic development, one type of innovation reigns supreme


June 17, 2021

Innovations play a critical role in building strong, robust economies. But for low- and middle-income countries—or what we like to call growth economies—which innovations are most effective at laying the foundation for sustainable development?

In this video, we unpack three different types of innovation and explain why one particular type of innovation—market-creating innovation—has a disproportionate impact on the development of a region.

To learn more, see:
Video: Why does poverty persist? An introduction to the prosperity paradox