Outside of China, despite rapid economic growth in many low and middle income countries, there has been little progress in meeting the MDG1 target of halving the incidence of global poverty by 2014. Part of the explanation for this weak poverty-reducing performance has been the historic...

The measurement of innovation is a complex and ambiguous challenge. Two broad families of measures have been used: those focusing on inputs and those focusing on outputs. Each has its strengths and weaknesses, but neither is able to capture the growing importance of product innovation...