This book investigates the systemic barriers and structural failures that prevent emerging economies from successfully upgrading their technological capabilities to achieve sustained economic growth. The authors, a team of international experts in innovation policy and economic development, synthesize existing literature and empirical data to construct a framework for understanding how developing nations navigate the complexities of global value chains and technological integration.

Experts identify this work as a comprehensive synthesis of current development economics regarding technological catch-up. Readers frequently note the academic density of the prose, making it a valuable resource for researchers and policy analysts in the field of innovation studies.