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Boosting future economic growth through diversification into more sophisticated industries: China, Viet Nam, Uganda, Indonesia and India leading the way

By: Timothy Cheston and Lorena Rivera León (World Intellectual Property Organization)

The journey towards economic development hinges upon the acquisition and utilization of productive knowledge, particularly in increasingly sophisticated – aka complex – industries and products. To chart a course toward robust economic growth, economies must effectively diversify into products that require rich and deep know-how which only a few other countries master, including innovation-intensive sectors such as information and communication technologies (ICTs), pharma, medical technologies...

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