Foulkes, David Mayer - Centro de Investigación y Docencia Económicas (CIDE) - 2005
Market failures in human capital investment and innovation explain the main features of human development and economic … workers in LDC’s have a conflict of interest between supporting innovation or human capital investment. If innovation is … favored, the human capital trap can persist, provoking opposition to globalization. If human capital investment is prioritized …