Capacity development is widely acceptedas critical to achieving the Millennium Development Goals(MDG) and other development outcomes, but the results fromcapacity development initiatives have often beendisappointing. This challenge signifies the urgent need toadvance capacity development knowledge and practice. As acontribution to addressing this challenge, the World BankInstitute (WBI) has developed a strategic, country-led andapproach to results focused capacity development, whichinvolves collective action across society and an emphasisthroughout on achieving results. The conceptual frameworkand processes for WBI’s approach are captured in theCapacity Development and Results Framework (CDRF) (Otoo,Agapitova and Behrens 2009). The focus of this paper is onthe strength of stakeholder ownership. Drawing on a reviewof recent studies, literature and relevant examples, thispaper seeks to deepen understanding of the importance ofstakeholder ownership and its contributing institutionalcharacteristics to achieving development goals. The paperidentifies future collaborative research that would shedlight on which change strategies are likely to be mosteffective in strengthening stakeholder ownership indifferent contexts.