Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

Innovation Performance Measurement in Developing Countries: A Case Study of Sub-Saharan Africa

Authors
Alhassan Tijani Forgor, A Girinsky
Corresponding Author
Alhassan Tijani Forgor
Available Online 17 March 2020.
DOI
https://doi.org/10.2991/aebmr.k.200312.014How to use a DOI?
Abstract
This paper analyzes the actual problems of innovation performance measurement, especially; the development of methodological tools in the assessment of innovation performance in developing countries. The paper discusses and substantiates the author’s position on informal sector innovation in developing economies, and its related concepts. Using regression and correlation analysis, an assessment of innovation performance of economies was carried out using innovation development variables. Although, we found a weak correlation between innovation performance and GDP per capita income, however, we think the nature of data used plays some importance in the outcome. It could be argued that the need for an integrated approach in undertaking research surveys for the above purpose. The paper highlights the criteria used in measuring innovation performance of countries. The authors emphasize on the need for a wide spectrum of approaches, not based on only the mainstream pre-requisites, but also taking into account subjective assessment of innovation in the informal sector of developing countries, which innovates to solve local problems. The methodological research tools include the reviewing of literature, theoretical approaches and various innovation concepts in assessing innovation performance, comparative analysis of the components of innovation. The paper discussed some prospects and importance of informal innovation to the Sub-Saharan economies, especially in the informal sector as a major source of employment and provides a larger proportion of the continent’s GDP. This study provides a guideline in future research and innovation surveys for policymakers, economists and business people for better inclusive assessment of innovation performance of economies.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Proceedings
International Scientific Conference "Far East Con" (ISCFEC 2020)
Part of series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.014How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Alhassan Tijani Forgor
AU  - A Girinsky
PY  - 2020
DA  - 2020/03/17
TI  - Innovation Performance Measurement in Developing Countries: A Case Study of Sub-Saharan Africa
BT  - International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 91
EP  - 103
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.014
DO  - https://doi.org/10.2991/aebmr.k.200312.014
ID  - Forgor2020
ER  -