How Technology Creates Markets : Trends and Examples for Private Investors in Emerging Markets

International Finance Corporation

International Finance Corporation, Washington, DC

关键词: EMERGING MARKET ECONOMIES;    TECHNOLOGY CHANGE;    PRIVATE SECTOR DEVELOPMENT;    INVESTMENT;    ENERGY STORAGE;   

RP-ID  :  128853

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Technological progress is oftenassociated with the creation of novel and useful productsthrough innovation and ingenuity. Yet in several emergingmarkets, including low-income economies, it is often morecommon to adopt, adapt, and scale technologies createdelsewhere.By doing so, private enterprises in thesecountries could use technology to create markets and expandtheir product and service offerings to unserved andunderserved residents, a process that produces newcustomers, buyers, sellers, and employees. This transformsthe pursuit of profits into a driver of economic growth, aswell as higher productivity and living standards, and givestechnology a central role in emerging market development.