6min chapter

Odd Lots cover image

How Economic Complexity Explains Which Countries Become Rich

Odd Lots

CHAPTER

How to Build Complexity and Diffuse Knowledge Within a Society

Tracy: Countries tend to move from where they're good at to things that are in their adjacent possible. We like to use the metaphor that products are like trees and firms are like monkeys. Tracy: If you know how to make one kind of product is kind of like easy to move. You have many ways of reorganizing that knowledge to make other things. The question is, can there be a company that engages people that was not in country and engage them having work there? Tracey: In some sense, you have to infect the system with knowledge which will allow it to spread.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode