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This paper reviews the research on learning and summarizes it in the context of economic development. Learning is a conception of knowledge absorption, accumulation, and expansion. This process is not necessarily related to product innovation or process innovation. However, it is related to a capacity to develop using and improving a firm’s technology including production management, fixing and maintaining equipment and marketing activities. Thus, learning is basic and important for firms to conduct business. Research in the field of economics has, for some time, pointed to the importance of learning for economic growth and development. Nevertheless, there are very few comprehensive reviews on the subject. This review presents the material as follows. The introduction describes the concept of learning and its connection to innovation.（ Section １） reviews the literature on learning from the perspective of economic growth theories.（ Section ２） examines the literature by “Neo-Schumpeterian” scholars.（ Section ３） is an overview of recent contributions to the study of learning. （Section ４） draws on some important perspectives found in the scholarship on business management, and（ Section ５） describes the process of learning and catch-up in economic development. Finally, a summary of the five sections with a discussion of issues for further investigation is offered. |
