Science, technology and innovation (STI) are key drivers of economic and social development.

The experience of successful developing countries shows that STI policies that are well integrated into national development strategies and combined with institutional and organizational changes can help raise productivity, improve firm competitiveness, support faster growth and create jobs.

To achieve this, policies need to address the specific features of innovation in developing countries.

Examples include the weight of traditional sectors in the economy, the importance of incremental and adaptive innovation, the need to identify, acquire and adapt foreign innovations, the particular role of foreign direct investment, the limited access of firms to skilled workers and to capital, weak technology-related infrastructure and inadequate intellectual property rights regimes.