Foreign Technology Imports and Economic Growth in Developing Countries

Foreign Technology Imports and Economic Growth in Developing Countries PDF Author: Heng-Fu Zou
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
January 1995 A developing country's economic growth rate increases as foreign technology imports increase. In developing countries, increases in productivity depend not on innovation but on importing foreign plants and equipment and on borrowing foreign technology. Zhang and Zou investigate the relationship between foreign technology imports and economic growth in developing countries. They develop an intertemporal endogenous growth model that explicitly accepts foreign technology imports as a factor of production. The model establishes a link between the growth rate of productivity in a developing country and the country's intensity of learning to use foreign technologies. They hypothesize that a developing country's economic growth rate increases as foreign technology imports increase. They run regressions with data for about 50 developing countries, using different econometric methods and time spans. These empirical tests confirm the hypothesis that foreign technology transfers boost income growth rates. Moreover, economic developing in developing countries differs from that in industrial countries. In developing countries, increases in productivity depend not on innovation but on importing foreign plants and equipment and on borrowing foreign technology. This paper -- a product of the Public Economics Division, Policy Research Department -- is part of a larger effort in the department to understand economic growth and foreign trade. Heng-fu Zou may be contacted at [email protected].

Foreign Technology Imports and Economic Growth in Developing Countries

Foreign Technology Imports and Economic Growth in Developing Countries PDF Author: Xiaoming Zhang
Publisher: World Bank Publications
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 44

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Trade, Technology, and International Competitiveness

Trade, Technology, and International Competitiveness PDF Author: Irfan-ul-Haque
Publisher: World Bank Publications
ISBN: 9780821334188
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
World Bank Technical Paper No. 300. Provides an overview of past experiences with the introduction of agricultural technologies in World Bank-funded projects in Mediterranean climates, with an emphasis on the Middle East and North African region. The authors review the adequacy of present crop and livestock technologies, identify technical and socio-economic constraints on their adoption, and describe prospective technologies for pilot testing and full-scale introduction in future Bank-funded projects.

Trade, foreign direct investment, and international technology transfer : a survey

Trade, foreign direct investment, and international technology transfer : a survey PDF Author: Kamal Saggi
Publisher: World Bank Publications
ISBN: 1706080972
Category : Attributes
Languages : en
Pages : 50

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Book Description
Abstract: May 2000 - How much a developing country can take advantage of technology transfer from foreign direct investment depends partly on how well educated and well trained its workforce is, how much it is willing to invest in research and development, and how much protection it offers for intellectual property rights. Saggi surveys the literature on trade and foreign direct investment - especially wholly owned subsidiaries of multinational firms and international joint ventures - as channels for technology transfer. He also discusses licensing and other arm's-length channels of technology transfer. He concludes: How trade encourages growth depends on whether knowledge spillover is national or international. Spillover is more likely to be national for developing countries than for industrial countries; Local policy often makes pure foreign direct investment infeasible, so foreign firms choose licensing or joint ventures. The jury is still out on whether licensing or joint ventures lead to more learning by local firms; Policies designed to attract foreign direct investment are proliferating. Several plant-level studies have failed to find positive spillover from foreign direct investment to firms competing directly with subsidiaries of multinationals. (However, these studies treat foreign direct investment as exogenous and assume spillover to be horizontal - when it may be vertical.) All such studies do find the subsidiaries of multinationals to be more productive than domestic firms, so foreign direct investment does result in host countries using resources more effectively; Absorptive capacity in the host country is essential for getting significant benefits from foreign direct investment. Without adequate human capital or investments in research and development, spillover fails to materialize; A country's policy on protection of intellectual property rights affects the type of industry it attracts. Firms for which such rights are crucial (such as pharmaceutical firms) are unlikely to invest directly in countries where such protections are weak, or will not invest in manufacturing and research and development activities. Policy on intellectual property rights also influences whether technology transfer comes through licensing, joint ventures, or the establishment of wholly owned subsidiaries. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to study microfoundations of international technology diffusion. The study was funded by the Bank's Research Support Budget under the research project Microfoundations of International Technology Diffusion. The author may be contacted at [email protected].

International Trade and Economic Growth

International Trade and Economic Growth PDF Author: Hendrik Van den Berg
Publisher: Routledge
ISBN: 1317467388
Category : Business & Economics
Languages : en
Pages : 453

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Book Description
Unlike any other text on international trade, this groundbreaking book focuses on the dynamic long-run relationship between trade and economic growth rather than the static short-run relationship between trade and economic efficiency. The authors begin with well-known theory on international trade, and then take the student into more recent and less well-known work, all with a careful balance between empirical and theoretical perspectives. A valuable teaching tool for courses in international economics, economic growth, and economic development at both the undergraduate and graduate levels, the book uses some very modest algebra, calculus, and statistics. However, most analytical discussions are built around diagrams in order to make the text accessible to students with a variety of social science backgrounds. An Instructor's Manual is available to professors who adopt the text.

Technology and Developing Economies

Technology and Developing Economies PDF Author: Zeinab Karake-Shalhoub
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
This is the first empirical study to compare and contrast the effects of technology transfer to developing countries from the West and from Eastern European countries. The author's primary purpose is to compare the effects of the different technologies offered by the two groups--the capital-intensive technologies of the West and the labor-intensive technologies of the Eastern bloc--on the economic growth of developing countries, as measured by growth in output. Using an analytical method based on the production-input structure, the author is able to quantify the impact on economic growth of technology transfer from different sources and with different characteristics. Karake also evaluates the experience of developing countries in importing technologies and identifies the direction, pattern, and content of those technologies. Scholars in international and economic development will find Karake's work an important contribution to the documented information concerning the trade in technology and its relation to economic growth and technological interdependence. Following an introductory chapter, Karake offers a general discussion of the relationships among development, growth, and technology. She then introduces the econometric time-series models and describes the basic study structure. The next section examines policies, mechanisms, and trends in technology transfer in both the West and the East, focusing on such issues as the factors and policies which affect technology transfer to the Middle East and patterns of technological exports. A chapter devoted to model formulation, empirical analysis, estimation, and results specifies the empirical models used in the study and presents statistical analysis of the appropriate data. Finally, Karake summarizes the major research findings, suggests avenues for further research, and assesses the future of technology transfer activity. Four appendices containing important supplemental information and a bibliography complete the study.

Transfer of Technology to Developing Countries

Transfer of Technology to Developing Countries PDF Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN: 0729155005
Category : Technology transfer
Languages : en
Pages : 36

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Technology Policy and Development

Technology Policy and Development PDF Author: Pradip K. Ghosh
Publisher: Greenwood
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 632

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Book Description
For the developing countries to take advantage of the accumulated and growing body of scientific and technological information, they must develop competence in choosing technology through an institutionalized technology policy. Third World experiences in developing and implementing technology policies are documented and analyzed in this volume. Issues such as the values shaping technology, selection of appropriate technology, technology transfer, technological self-reliance, planning, and development control are discussed in detail. Ideas for future policy development are evaluated.

Technology Transfer in International Business

Technology Transfer in International Business PDF Author: Tamir Agmon
Publisher: Oxford University Press
ISBN: 0195362802
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
This important collection examines the means by which technological knowledge is transferred from countries that develop it to those who need it. Written by well-known authorities and derived from a conference held at the University of California and sponsored by IBEAR (International Business Education Research Program), the contributions focus on the transfer of technology from Western countries to Asian countries.

International Technology Transfer to Developing Countries

International Technology Transfer to Developing Countries PDF Author: Kamal Saggi
Publisher: Commonwealth Secretariat
ISBN: 9780850927955
Category : Business & Economics
Languages : en
Pages : 104

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Book Description
Bridging the technology gap is an issue faced by most countries, but in developing countries the issue is doubly critical. Not only do they lag further behind relative to other countries but they also face more stringent resource constraints. This title provides a through overview of the economics of ITT relevant to developing countries and will be invaluable as a reference tool for policy makers, trade officials and trade negotiators.Part One identifies the role played by existing policy in trade, foreign direct investment and intellectual property rights in facilitating International Technology Transfer (ITT). Pertinent analysis of the major implications of the report is given.The WTO Working Group on Trade and Technology Transfer was established with the aim of encouraging technology transfer to developing countries. Part Two outlines the Group's findings for increasing flows of technology.