THE critical role of technological advancement in achieving societal progress and economic prosperity is now well acknowledged. Furthermore, it can be observed that all wealthy nations are not necessarily technologically advanced, but technologically advanced countries are demonstratively rich. Besides, the current industrialization vista shows that the real “gap” between developed, and the developing economies is in fact their “industrial technology innovation capacity gap.”
Given all this empirical evidence, development planners widely affirm that national technological innovation capacity building should be the cornerstone for achieving sustainable economic prosperity. Yet, the most consequential existential issue faced by all developing nations in the current visibly unsympathetic global-political-economic milieu is “how to expeditiously arrest and reverse the ever-widening prosperity-gap between ‘now’ emerging and ‘already’ industrialized nations?”
Therefore, there is increasing conviction among emerging economies that, in the present-day intertwined competitive global market setting, strategically focused “technology innovation management for national industries globalization” could provide the impetus for robust economic growth essential for both “catching-up and leapfrogging” toward their economic prosperity ambition.
Elements of the national technology innovation system infrastructure in terms of institutions do exist in most emerging economies, but........