vioft2nntf2t|tblJournal|Abstract_paper|0xf4ff3dd72d0000005716060001000600 As countries endeavor to migrate from resource-based to knowledge-based economies, innovation and intellectual property rights (IPRs) have become indispensable and are now regarded as the currency of the knowledge economy. In developing countries, they are key drivers and enablers for technological growth and sustainable economic development. Balancing the rights of the innovators and consumers so that innovators could recoup financial rewards from their investment has not been fully exploited. This paper investigates the role of innovation and IPRs in the informal sectors and their impact on the development of economies. Methodologically, the critical literature analysis was adopted in this paper. The study reveals that IPRs, innovation and creativity can drive sustainable development. Future research could focus on how the different innovation types, approaches, and models could be inculcated as practical sessions in the students’ curriculum to develop student-led SMEs.
Vusumuzi Malele, Mhlambululi Mafu, Anitha Akaliza, Mapeto Bomani
Research Support Unit, Department of Science and Innovation, South Africa1, Botswana International University of Science and Technology, Botswana2,4,National Industrial Research and Development Agency, Rwanda 3
Base Clustering, Ensemble Clustering Clusters, Accuracy, Precision
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| Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 8 , Issue: 3 , Pages: 1599-1604 )
Date of Publication :
August 2022
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138
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