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What is Developing Economies

Human-Computer Interaction and Technology Integration in Modern Society
Comprise low- and middle-income countries where most people have lower standard of living with access to fewer goods and services than most people in high-income countries. Developing countries are broadly split into two categories, the middle-income and the low-income groups.
Published in Chapter:
Open Innovation in SMEs: Contexts of Developing and Transitional Countries
Hakikur Rahman (Ansted University Sustainability Research Institute, Malaysia)
DOI: 10.4018/978-1-7998-5849-2.ch005
Abstract
Despite the increased acceptance by corporate business houses around the globe, the adaptation of strategies and concepts belonging to the newly evolved dimension of entrepreneurships, the open innovation (OI), countries in the East, West, or South are yet to adapt appropriate strategies in their business practices, especially in order to reach out to the grass roots and marginal communities. By far, firms belonging to the small and medium sized enterprises (SMEs) sector, irrespective of their numbers and contributions towards their national economies, are lagging behind in accepting open innovation strategies for their business improvements. While talking about this newly emerged business dimension, it comprises of complex and dynamically developed concepts like, management of intellectual property aspects, administration of patents, copyright and trademark issues, or supervision of market trend for minute details related to knowledge attainment.
Full Text Chapter Download: US $37.50 Add to Cart
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The Problems of Development Gap between Developed and Developing Nations: Is There Any Sign of Convergence?
The low-income and middle-income economies, as per World Bank classification, are sometimes referred to as developing economies.
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Socioeconomic Influences on Fertility Rate Fluctuations in Developed and Developing Economies
Any nation with real gross domestic product per capita of 12,500 USD or less.
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