Are Tinkerers More Important than STEM Professionals for Developing Economies? | Foundation for Economic Education

Scientists, engineers or technicians were not well-represented among the British great inventors, and their contributions remained unspecialized until very late in the nineteenth century. For developing countries today, the implications are that costly investments in specialized human capital resources might be less important than incentives for creativity, flexibility, and the ability to make incremental adjustments that can transform existing technologies into inventions that are appropriate for prevailing domestic conditions.

Source: Are Tinkerers More Important than STEM Professionals for Developing Economies? | Foundation for Economic Education

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