In the context of what at the Development Centre we have termed “shifting wealth” developing economies are increasingly engaged in the redefinition of their development strategies. The recognition that development is more than growth, and that it requires a change in socio-economic structures in order to redistribute rents and increase equality of opportunities for all citizens, is accompanied by a renewed attention towards production development and innovation in many developing economies. In this respect, increasing attention is paid to the role of innovation as a potential source of more inclusive and sustainable development.