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→Innovation and countries going from middle-income countries to high-income countries
== Innovation and countries going from middle-income countries to high-income countries ==
== Innovation and countries going from middle-income countries to high-income countries ==
''See also:'' [[Middle-income countries]] and [[Middle Income trap]]
''See also:'' [[Middle-income countries]] and [[Middle-income trap]]
According to Investopedia, [[middle-income countries]] are defined as: "According to the [[World Bank]], middle-income countries (MICs) are defined as economies with a gross national income (GNI) per capita between $1,136 and $13,845 as of 2024. MICs consist of lower-middle-income countries and upper-middle-income countries, both of which are part of the income categories that the World Bank uses to classify economies for operational and analytical purposes."<ref>[https://www.investopedia.com/terms/m/middle-income-countries.asp Middle-Income Countries (MICs): Characteristics and Significance], Investopedia</ref>
According to Investopedia, [[middle-income countries]] are defined as: "According to the [[World Bank]], middle-income countries (MICs) are defined as economies with a gross national income (GNI) per capita between $1,136 and $13,845 as of 2024. MICs consist of lower-middle-income countries and upper-middle-income countries, both of which are part of the income categories that the World Bank uses to classify economies for operational and analytical purposes."<ref>[https://www.investopedia.com/terms/m/middle-income-countries.asp Middle-Income Countries (MICs): Characteristics and Significance], Investopedia</ref>