The dynamics of resource-based economic development: evidence from Australia and Norway
September 27, 2013 Editor 0
Australia and Norway have achieved modern levels of development as resource-based economies, thus avoiding the so-called resource curse. Their ability to achieve this rested heavily on repeated diversification into new resource products and industries. These processes relied largely on innovation, confirming the close ties that have existed between resource-based industries and knowledge-producing and disseminating sectors of society. We develop a resource-based diversification model that analyses the interaction between “enabling sectors” and resource industries and apply it to the historical experience of the two countries.
- Rowing Against the Current: The Diversification Challenge in Africa’s Resource-Rich Economies
- The Risks of Innovation in Health Care.
- Knowledge-based productivity in “low-tech” industries: evidence from firms in developing countries
- Governed by history: institutional analysis of a contested biofuel innovation system in Tanzania
- Open Innovation and Absorptive Capacity
- Absorptive capacity
Subscribe to our stories
- The renaissance of farming systems research in Africa January 16, 2018
- Entrepreneurship competition encourages the Malian diaspora to start businesses on their home turf January 16, 2018
- India: Digital finance models for lending to small businesses January 16, 2018
- Powering up Africa through innovation January 16, 2018
- Which ones did you read and download?Africa RISING’s most popular online products and resources in 2017 January 16, 2018