Education, Technology and Innovation for Global Competitiveness: Evidence from Ghana and Nigeria

The paper examined the states of western education, levels oftechnological readiness and innovation capacities in Ghana and Nigeria,in conjunction with the abilities of the two countries’ to achieve theirgoal of becoming one of the foremost twenty economies in the world.The findings showed that differences in country’s global competitivenessappear to have reflected the differential education, technology andinnovation policy thrusts in Ghana and Nigeria. Moreover, unlike inNigeria, where priority was narrowly on macroeconomic and marketefficiency, Ghana did broadly prioritized infrastructural and institutionaldeficits without neglecting development of education, technology andinnovation. Thus, inclusive and quality investment in human, managerialand knowledge capital in addition to the development of physical capitaland pursuance of market efficiency is a worthwhile development strategythat both countries, especially Nigeria should adopt in a strategic manner.