From Adoption to Innovation: State-Dependent Technology Policy in Developing Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 69 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis From Adoption to Innovation: State-Dependent Technology Policy in Developing Countries by : Jaedo Choi

Download or read book From Adoption to Innovation: State-Dependent Technology Policy in Developing Countries written by Jaedo Choi and published by International Monetary Fund. This book was released on 2024-07-19 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should policymakers in developing countries prioritize foreign technology adoption over domestic innovation? How might this depend on development stages? Using historical technology transfer data from Korea, we find that greater productivity gaps with foreign firms correlate with faster productivity growth after adoption, despite lower fees. Furthermore, non-adopters increased patent citations to foreign sellers, suggesting knowledge spillovers. Motivated by these findings, we build a two-country growth model with innovation and adoption. As the gaps narrow, productivity gains and spillovers from adoption diminish and foreign sellers strategically raise fees due to intensified competition, which renders adoption subsidies less effective. Korea’s shift from adoption to innovation subsidies substantially contributed to growth and welfare. We also explore the optimal policy and its interaction with import tariffs.

From Adoption to Innovation

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.3/5 (797 download)

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Book Synopsis From Adoption to Innovation by : Younghun Shim

Download or read book From Adoption to Innovation written by Younghun Shim and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should governments subsidize firms' own innovation or adoption of foreign technology? How does the answer change over different stages of development? To answer these questions, we digitize the universe of technology transfer contracts between domestic and foreign firms in South Korea during its growth miracle period. This data has novel information on the price of technologies. We find that, when the productivity gap between domestic and foreign firms is larger, 1) productivity increases more after adoption, 2) the adoption fee is lower, and 3) domestic firms more often choose technology adoption over innovation. Motivated by these findings, we build a two-country growth model with endogenous adoption and innovation decisions. Foreign firms can sell technologies for an endogenous fee, internalizing the future loss of profit due to stronger competition with domestic firms. By construction, adoption can raise domestic firms at most to the technology level of foreign firms. Therefore, as domestic firms close the productivity gap, the expected productivity gain from adoption decreases, making an adoption subsidy less effective than an innovation subsidy. We evaluate Korea's technology policies since 1973, which started with an adoption subsidy and shifted to an innovation subsidy as the productivity of Korean firms converged with that of foreign competitors. Our result suggests that this state-dependent policy increased consumption-equivalent welfare by 5%, which raises welfare more than time-invariant policies that subsidize only innovation or adoption throughout. Our analysis also shows that the optimal year to switch from an adoption to an innovation subsidy would have been 1985, when Korea's GDP reached 55% of Japan's.

The Innovation Paradox

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464811849
Total Pages : 268 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Innovation Paradox by : Xavier Cirera

Download or read book The Innovation Paradox written by Xavier Cirera and published by World Bank Publications. This book was released on 2017-10-02 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticated private sector partners †“ toward building firm capabilities, and embrace an expanded concept of the National Innovation System that incorporates a broader range of market and systemic failures. The authors offer guidance on how to navigate the resulting innovation policy dilemma: as the need to redress these additional failures increases with distance from the frontier, government capabilities to formulate and implement the policy mix become weaker. This book is the first volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.

The Adoption and Diffusion of Imported Technology

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Publisher : Routledge
ISBN 13 : 0429771908
Total Pages : 256 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis The Adoption and Diffusion of Imported Technology by : J.L. Enos

Download or read book The Adoption and Diffusion of Imported Technology written by J.L. Enos and published by Routledge. This book was released on 2018-10-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1988, considers the problems that developing countries face when importing technology from abroad. The major issues - technical, economic, political - are analysed in the case of one particular country: Korea. The book describes the negotiations with the foreign companies that controlled the desired technology, the building of the plants, the training of engineers and managers to replace expatriots, the improvements of processes and products and the maintenance of efficient and profitable production. In their research the authors were given access to information usually kept confidential - government memoranda and minutes, company contacts and records, costs and prices. The book also considers how typical of the developing countries Korea is, and the authors make certain policy recommendations for the future.

Innovation, Learning, and Technological Dynamism of Developing Countries

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Publisher : Brookings Institution Press
ISBN 13 :
Total Pages : 274 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Innovation, Learning, and Technological Dynamism of Developing Countries by : Sunil Mani

Download or read book Innovation, Learning, and Technological Dynamism of Developing Countries written by Sunil Mani and published by Brookings Institution Press. This book was released on 2004 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development scholars from the Netherlands, Germany, Australia, India, and Britain highlight examples of developing countries creating their own technology rather than, or often in conjunction with obtaining it from elsewhere, as is the usual practice. The nine studies were presented at an conference in Maastricht; no date is noted. Annotation 2004

Manpower Policies for the Use of Science and Technology in Development

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Publisher : Elsevier
ISBN 13 : 1483154254
Total Pages : 196 pages
Book Rating : 4.4/5 (831 download)

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Book Synopsis Manpower Policies for the Use of Science and Technology in Development by : Charles V. Kidd

Download or read book Manpower Policies for the Use of Science and Technology in Development written by Charles V. Kidd and published by Elsevier. This book was released on 2013-10-22 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manpower Policies for the Use of Science and Technology in Development discusses several factors to consider when making human-resource-related policies in the science and technology industries. The book is comprised of eight chapters; each chapter tackles a specific area of concern regarding manpower policies. Chapter 1 covers the frameworks and definitions and discusses topics such as the significance of manpower for development. Chapter 2 deals with demand, supply, and forecasting, and Chapter 3 reviews the national structures for science and technology. The fourth chapter covers domestic training institution, including the roles and effectiveness, while the fifth chapter talks about the creation and evolution of domestic institutions. Chapter 6 then discusses the multinational agencies and transnational firms. Chapter 7 tackles the concept of brain drain, and Chapter 8 discusses the conclusion and provides recommendations. The book will be of great interest to professionals in the science and technology industries, especially those who hold management positions.

Innovation Policy

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Publisher : World Bank Publications
ISBN 13 : 0821383019
Total Pages : 436 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Innovation Policy by : World Bank

Download or read book Innovation Policy written by World Bank and published by World Bank Publications. This book was released on 2010-05-25 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a detailed conceptual framework for understanding and learning about technology innovation policies and programs, and their implementation in the context of different countries.

African Journal of Science, Technology, Innovation and Development

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Publisher :
ISBN 13 : 9781909112094
Total Pages : 246 pages
Book Rating : 4.1/5 (12 download)

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Book Synopsis African Journal of Science, Technology, Innovation and Development by : Muchie Mammo

Download or read book African Journal of Science, Technology, Innovation and Development written by Muchie Mammo and published by . This book was released on 2012-03-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Innovation and the Development Agenda

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Publisher : OECD Publishing
ISBN 13 : 926408892X
Total Pages : 155 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Innovation and the Development Agenda by : OECD

Download or read book Innovation and the Development Agenda written by OECD and published by OECD Publishing. This book was released on 2010-08-12 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation drives long-term economic growth. This book examines the role of innovation in developing countries, with a focus on Africa.

Private Enterprise Development

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Private Enterprise Development by : United States. Agency for International Development

Download or read book Private Enterprise Development written by United States. Agency for International Development and published by . This book was released on 1982 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Globalization of Technology

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Publisher : National Academies Press
ISBN 13 : 9780309038423
Total Pages : 224 pages
Book Rating : 4.0/5 (384 download)

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Book Synopsis Globalization of Technology by : Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences

Download or read book Globalization of Technology written by Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences and published by National Academies Press. This book was released on 1988-02-01 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.

Technology Transfer

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Publisher : SAGE
ISBN 13 : 9780761997702
Total Pages : 340 pages
Book Rating : 4.9/5 (977 download)

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Book Synopsis Technology Transfer by : Goel Cohen

Download or read book Technology Transfer written by Goel Cohen and published by SAGE. This book was released on 2004-02-20 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies the major factors responsible for effective transfer of information and human expertise from an advanced country or a multinational corporation to the developing world.

Comparing High Technology Firms in Developed and Developing Countries: Cluster Growth Initiatives

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Publisher : IGI Global
ISBN 13 : 1466616474
Total Pages : 286 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Comparing High Technology Firms in Developed and Developing Countries: Cluster Growth Initiatives by : Bas, Tomas Gabriel

Download or read book Comparing High Technology Firms in Developed and Developing Countries: Cluster Growth Initiatives written by Bas, Tomas Gabriel and published by IGI Global. This book was released on 2012-05-31 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clusters are geographic concentrations of interconnected companies, specialized suppliers, service providers, and associated institutions in a particular field that are present in a nation or region. The development and upgrading of clusters is an important agenda for governments, companies, and other institutions. Cluster growth initiatives are an important new direction in economic policy, building on earlier efforts in macroeconomic stabilization, privatization, market opening, and cost reduction related to doing business. Comparing High Technology Firms in Developed and Developing Countries: Cluster Growth Initiatives is the leading source of information for readers interested in this field of study as it promotes scientific discussion on policies and practice of cluster growth, as well as covers the emerging research topics which are going to define the future of the management of technology. Furthermore, this book demonstrates the effectiveness and efficiency of technology policy based on observations of differential growth rate of high technology firms in clusters, and explores the factors that explain superior performance of high technology firms to contribute the improvement of technology policy in both developed and developing countries.

Abstracts on Rural Development in the Tropics

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Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Abstracts on Rural Development in the Tropics by :

Download or read book Abstracts on Rural Development in the Tropics written by and published by . This book was released on 1994 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technology Policy and Practice in Africa

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Publisher : IDRC
ISBN 13 : 0889367906
Total Pages : 393 pages
Book Rating : 4.8/5 (893 download)

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Book Synopsis Technology Policy and Practice in Africa by : International Development Research Centre (Canada)

Download or read book Technology Policy and Practice in Africa written by International Development Research Centre (Canada) and published by IDRC. This book was released on 1995 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology Policy and Practice in Africa

Regulation, Productivity and Growth

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4./5 ( download)

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Book Synopsis Regulation, Productivity and Growth by : Giuseppe Nicoletti

Download or read book Regulation, Productivity and Growth written by Giuseppe Nicoletti and published by World Bank Publications. This book was released on 2003 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth linkage using data that cover a large set of manufacturing and service industries over the past two decades. We focus on multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross-country variance. We find evidence that reforms promoting private governance and competition (where these are viable) tend to boost productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing the gains are greater the further a given country is from the technology leader, suggesting that regulation limiting ...

Rethinking ICT Adoption Theories in the Developing World

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Publisher : Springer Nature
ISBN 13 : 3031578805
Total Pages : 288 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis Rethinking ICT Adoption Theories in the Developing World by : Emmanuel Eilu

Download or read book Rethinking ICT Adoption Theories in the Developing World written by Emmanuel Eilu and published by Springer Nature. This book was released on with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: