In terms of innovation policy
substance, a few lessons emerge
from this edition of the GII and the
experience of developing countries.
Despite of the specific nature of
innovation in developing countries,
policies are often framed narrowly
and focus on high-tech products,
clusters, or special economic zones,
and are formulated with an eye on
the integration of local operations
and products into global value chains
through the support of FDI and the
use of lower tariffs. For this reason,
these strategies are also often focused
on absorbing technology from foreign
multinational enterprises and
creating national champions or particular sectoral
high-tech or global
value chain–related strengths.