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The aim of this paper is to highlight the importance of Indigenous Knowledge (IK) in development. The paper focuses on the role that IK and local cultural values play in the process of development. Currently, knowledge, information, science and technology used in development are produced in developed countries without heed being paid to their impact on the local environment. IK, although often short‐shirted, establishes a harmonious relationship between the social system and the environment in any given developing countries. Access to global knowledge is vital for supporting IK as well as for sustaining development.

The purpose of this paper is to assess and evaluate the role of information and communication technologies as a proposed solution to reduce poverty in the Arab countries and therefore achieve sustainable development.

In this article, the authors have taken a somewhat extensive review of the different aspects of ICTs in DCs with particular focus on Arab countries. Given the current poor conditions and isolation of Arab countries from the rest of the world, a number of fundamental research questions are addressed.

Empowering nations with ICTs could increase productivity, promote human development, create knowledge, disseminate information and reduce poverty.

The paper highlights the importance of building ICTs capacity for both promoting human development and enhancing capabilities of people to participate in the economy.

This chapter discusses the positioning of Belarus in the international context of socioeconomic development based on an assessment of the country's dynamics in world rankings. The country's presence in the recognized world rankings and its holding high positions in them is an obvious advantage for achieving a favorable investment image. Ratings characterize the country's comparative position at the international level in a number of areas: from credit capacity to human capital development.

There has been analyzed the position of the Republic of Belarus in several recognized international comparisons, such as Human Development Index, Doing Business, ICT Development Index, Global Innovation Index, Sustainable Development Goals Index, Corruption Perceptions Index, Rule of Law Index, Worldwide Governance Indicators, and others.

However, Belarus is not yet participating in the international competitiveness assessment through such popular international ratings as Global Competitiveness Index and Global Entrepreneurship Monitor. The research findings show that the strongest aspects of the socioeconomic development of Belarus are in place due to the high educational level of the human capital development, gender equality, and the implementation of the UN sustainable development goals. The analysis also shows that the weaknesses of institutional environment and public administration do not enable the full implementation of the planned goals of socioeconomic development.

This study aims to identify the countries’ innovation factors that are determinant for them to achieve higher levels of development. In addition, the research identified which of these factors should be prioritized so the countries can move up in the rank of the most competitive.

The study used the indicators of innovation and the stage of development of 137 countries proposed by the Global Competitiveness Report published by the World Economic Forum and techniques of multivariate data analysis.

The results indicated that all the factors tested are determinant to lead the countries throughout their stages of development. The research highlights that the factors “Quality of scientific research institutions” and “Patent Cooperation Treaty (PCT) patent applications” should be equally prioritized for the countries’ development.

The results suggested that the factors Capacity for Innovation, Quality of Scientific Research Institutions, Company Spending on Research and Development (R&D), University–Industry Collaboration in R&D, Government Procurement of Advanced Technology Products, Availability of Scientists and Engineers and PCT Patent Applications are decisive for positioning countries in terms of their stage of development and should be part of their public policy and enterprises’ strategic planning.

The findings show that countries should prioritize the factors Quality of Scientific Research Institutions and PCT Patent Applications, as these factors, when acting together, predict the evolution to higher stages of development.

This paper aims to use the eclectic paradigm as a broad organizing framework to bring together two somewhat parallel international business (IB) literatures, one on the development effects of multinational enterprise activity and the other on the internationalization of emerging market multinationals (EMNEs). The author does so to better understand how outward foreign investment shapes economic development in firms’ home countries.

Considering that the characteristics of foreign investment by EMNEs likely differ from that of their developed economy counterparts and that such characteristics may have unique development consequences, the author revisits one of IB’s overarching theories to rethink how ownership, location and internalization advantages take shape and stimulate diverse development outcomes.

My narrative review and conceptual analysis indicate that the eclectic paradigm is a valuable framework that can be used to shed light on underexplored phenomena and thereby inform important policy debates. The analysis suggests that unique characteristics of EMNE investment simultaneously have positive and negative development consequences in their home countries.

The author sets out a research agenda that revolves around six propositions that separately relate one of these three distinct characteristics of EMNE investment to two development outcomes, namely, spillovers and direct effects on home-country employment. My propositions suggest that important policy dilemmas potentially apply, in that each of the three characteristics positively affects one of the aspects of development, but negatively the other.

My research agenda presents international business scholars with new opportunities to build on a history of policymaking impact, now geared toward resolving society’s grand challenge of underdevelopment.

This paper aims to study institutions, human capital and economic growth in developing countries.

The study applies dynamic system Generalized Method of Moments (GMM) and simultaneous quantile regression on a panel of 120 developing countries for the period of 1996-2014.

The findings show that human development and institutions do have a significant positive effect on economic growth. Interestingly, institutions and human development have a significant negative interactive effect on the economic growth of developing countries. This paper argues that incremental investment in human development would impact economic growth negatively in the presence of weak and dysfunctional institutions because additional stock tends to be employed in rent-seeking and socially unproductive activities.

The policy makers should bear in mind the critical role played by the institutions and the initial stage of growth of a country in making their education and health policies more effective.

The most important novelty is the study of various transmission channels: political, economic and financial institutions through which human development affect economic growth in developing countries. This paper also studies the Islamic economic development concept and empirically investigates whether Muslim countries are different from their counterparts. Moreover, this study extends the existing empirical growth literature by simultaneously applying dynamic system GMM and quantile regression techniques.

Innovation is a fundamental element for developing countries’ development. For instance, the innovation process should be integral to a country’s development plan for it to achieve high standard socio-economic development. For this reason, the global development agenda in the contemporary era underline innovation as a crucial issue to be addressed within development assistance programs. The Global North as traditional donors predominantly contend that innovation should be supported by high private sector development (PSD), and therefore, emphasizes this agenda to be delivered through their foreign aid schemes. However, this character differs considerably as compared to new emerging donors with insufficient PSD capacity, such as Indonesia. This paper aims to examine Indonesia’s technical assistance (TAC) to Timor-Leste and scrutinizes whether or not it supports the innovation development of the receiving country.

This study used a qualitative method by conducting a literature review, document tracing and depth interview with Indonesia’s South–South Cooperation National Coordinating Team.

Based on this study, it can be proven that Indonesia’s TAC has the ability to support innovation development in Timor-Leste as a least developed country. This is because Indonesia’s TAC is directed toward knowledge sharing and technology transfer that are needed by Timor-Leste. Other supporting conditions, such as similarity in the process of development, shared principles and solidarity ties among developing countries, have also created a more decent environment for aid delivery. Thus, aid initiatives among developing countries must remain to be supported as key to attain mutual progress and collective self-reliance.

This study shows that Indonesia as an emerging economic has the capability to support innovation development of other developing countries. It was a new area of study but has a lot of potential to be explored such as effectiveness and interests.

The paper aims to give an account to describe the way the South‐South development programme is realized between Taiwan and Belize.

The paper is the result of ethnographic fieldwork research combined with a literature study.

The development of the newly industrialized country Taiwan can be characterized by a drastic transformation from an impoverished agrarian society towards an affluent industrial economy. Now, Taiwan is aiming to help other developing countries to walk the same path by drawing lessons from their so‐called “Taiwan experience”. In order to transfer their experience, Taiwan has established an overseas development organization, the International Cooperation and Development Fund. This organization offers development assistance to countries of which Taiwan receives political recognition. Central and South America are the regions where most of Taiwan's diplomatic ties exist. One of the recipients of Taiwanese assistance in this area is Belize, a small English speaking, Central American country in the Caribbean Sea, with a multi‐ethnic, densely populated, relatively poor population.

Future research might examine the ways in which these Taiwanese farmers have integrated in Belize and how their entrepreneurial activities contribute in this process.

After visiting Taiwan's project sites in Belize and interviewing government officials, Taiwanese‐Belizeans, Belizean farmers, and non‐farmers, it was found that much of what the Taiwanese brought was indeed considered beneficial, although incomplete. The links between the Taiwanese development organization and the wider society, Belize, were not clearly developed at the time, not least because of the problems in communicating with the Taiwanese development workers(for instance due to language issues). It would be wrong to suggest, however, that Taiwan's development project was only perceived as raising problems for it did have a positive impact.

Although the first Taiwanese project in Belize was launched in 1989 it has until recently received little attention. This paper explores the social impact of this development project from the Taiwanese in Belize.

This paper aims to examine the effect of development aid volatility on foreign direct investment (FDI) volatility in aid recipient countries.

The empirical analysis has relied on a sample of 117 countries over the period 1981–2016 and used the two-step system generalized methods of moments (GMM) approach.

The findings indicate that development aid volatility exerts a positive and significant effect on FDI volatility, with the magnitude of this positive effect rising as countries’ real per capita income increases. Furthermore, development aid volatility is non-linearly related to FDI volatility, as additional rises in the degree of development aid volatility further amplify FDI volatility.

These outcomes highlight that volatility of development aid inflows enhances the volatility of FDI inflows. Thus, the enhancement of the aid coordination system between donor-countries and recipient-countries would not only help mitigate the volatility of aid – which reduces the macroeconomic effectiveness of aid – but also stabilizes FDI inflows to developing countries.

A limitation of the present paper is its reliance on aggregate FDI inflows to perform the analysis. Availability of data on greenfield FDI inflows and cross-border mergers and acquisitions FDI inflows over a long-time-period would provide an opportunity to conduct an in-depth analysis of the volatility of development aid on FDI inflows volatility. Furthermore, it could be interesting to investigate in the future (if data is available) the extent to which aid coordination systems between donor-countries and recipient-countries versus recipient-countries’ domestic factors contribute to explaining the dynamics of FDI inflows volatility in recipient-countries of these two types of capital flows.

To the best of the authors’ knowledge, this topic has not been addressed in the literature.