June 11, 2012 | Contribution by
Ricardo Hausmann is the Director of the Center for International Development and Professor of Economic Development at Harvard University. He was interviewed by the JKP on February 28, 2012.
As countries search for ways to accelerate growth, a big attraction is investment and innovation, especially if it enhances workers' skills. We spoke with Ricardo Hausmann, an expert on growth strategies, who is Director of the Center for International Development and Professor of the Practice of Economic Development at Harvard University. He urges policymakers to be be responsive to "explorers" who are trying to innovate, weighs the issue of providing subsidies for pioneer investments, and suggests that the international division of the value chain is making it easier for countries to get into the game.