Global Integration And Technology Transfer

Business & Finance, Economics, Development & Growth
Cover of the book Global Integration And Technology Transfer by Hoekman Bernard M.;  Smarzynska Javorcik Beata, World Bank
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Author: Hoekman Bernard M.; Smarzynska Javorcik Beata ISBN: 9780821361252
Publisher: World Bank Publication: April 27, 2006
Imprint: Language: English
Author: Hoekman Bernard M.; Smarzynska Javorcik Beata
ISBN: 9780821361252
Publisher: World Bank
Publication: April 27, 2006
Imprint:
Language: English
The importance of international technology diffusion (ITD) for economic development can hardly be overstated. Both the acquisition of technology and its diffusion foster productivity growth. Developing countries have long sought to use both national policies and international agreements to stimulate ITD. The ?correct? policy intervention, if any, depends critically upon the channels through which technology diffuses internationally and the quantitative effects of the various diffusion processes on efficiency and productivity growth. Neither is well understood. New technologies may be embodied in goods and transferred through imports of new varieties of differentiated products or capital goods and equipment, they may be obtained through exposure to foreign buyers or foreign investors or they may be acquired through arms-length trade in intellectual property, e.g., licensing contracts. Global Integration and Technology Transfer uses cross-country and firm level panel data sets to analyze how specific activities' exporting, importing, FDI, joint ventures?impact on productivity performance.
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The importance of international technology diffusion (ITD) for economic development can hardly be overstated. Both the acquisition of technology and its diffusion foster productivity growth. Developing countries have long sought to use both national policies and international agreements to stimulate ITD. The ?correct? policy intervention, if any, depends critically upon the channels through which technology diffuses internationally and the quantitative effects of the various diffusion processes on efficiency and productivity growth. Neither is well understood. New technologies may be embodied in goods and transferred through imports of new varieties of differentiated products or capital goods and equipment, they may be obtained through exposure to foreign buyers or foreign investors or they may be acquired through arms-length trade in intellectual property, e.g., licensing contracts. Global Integration and Technology Transfer uses cross-country and firm level panel data sets to analyze how specific activities' exporting, importing, FDI, joint ventures?impact on productivity performance.

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