Realizing Globalization’s Innovative Potential
The diffusion of knowledge and technology worldwide in recent decades has brought important changes to the global innovation landscape. But those changes could be much more profound if countries created more supportive investment environments.
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WASHINGTON, DC – Globalization has come under fire in recent years, with people in some countries becoming increasingly frustrated with the uneven distribution of its gains. But weaknesses in management or execution should not be allowed to obscure globalization’s far-reaching potential benefits, including its promotion of productivity-enhancing technology transfer and innovation worldwide.