Dear Yaghoub,
I think it is possible.. but needs a remarkable time period. The base economic requirements are high-skilled labor force and It-based capital which are not in these countries. Hense, they have to import and import more through a limited budget. I think it is an interesting issue for scholars to solve it: How can a developing nation move to reach to a knowledge-based economy with consideration of limited budget of these countries + necesseties of high-skilled labors and knowledge-based capital.
Cheers.
Dear Dr Ehsan
Thank you very much for your valuable comment I like it. I fully agree with you that the budget constraints may deprive the developing countries from. The sophisticated technology and quality education to produce high-skilled labour
Leapfrogging is a big task. The world trade body has been clearly aware of this difficulty on the part of developing countries members [of WTO] who were accordingly given 10 years grace period to re-adjust their domestic systems for meeting the commitments agreed under the WTO package of Agreements, say the TRIPS Agreement. The Least Developed countries were given still longer time slot for this purpose. Nevertheless, steadily (not in a hurry) the developing country government policies and their socio-economic bent have to be acclimatized and the new processes of knowledge creation, knowledge sharing and knowledge dissemination under exclusive (IP-linked) realm naturalized through awareness, education, training and skill building activities with focus on gender and youth. All this requires money (donor-drive will be crucial) but for the developing countries to become globally competitive, cost-effectiveness has to be an important consideration in their innovation-led development path ahead.
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