Technology and institutions: Theoretical aspects of institutional innovation and its deficiency in Haiti
Abstract
In the recent decades, in Haiti, a growing propensity to accept new technologies is observed. More than ever, the national market represents a potential advantage, as well as the cheapness of the labor force. Meanwhile, the country cannot take plenty advantage of its technological development potential in order to stimulate the economic growth. The paper analyzes the disadvantage factors. The conclusion show that in addition to the low level of education and the expatriation of skilled human resources, institutional characteristics may help to understand the ineffectiveness of economic development strategies implemented in Haiti in recent years. Then, we propose institutional innovation as both an analytical framework and a challenge to understand and foster economic development through technology in Haiti- MPRA Paper
- NonPeerReviewed
- D23 - Organizational Behavior ; Transaction Costs ; Property Rights
- B52 - Institutional ; Evolutionary
- O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements
- L52 - Industrial Policy ; Sectoral Planning Methods
- N46 - Latin America ; Caribbean
- L26 - Entrepreneurship
- O31 - Innovation and Invention: Processes and Incentives