The Innovation Paradox The Innovation Paradox Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up Xavier Cirera and William F. Maloney © 2017 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved 1 2 3 4 20 19 18 17 This work is a produc