Globalization and Technology Absorption in Europe and Central Asia (häftad)
Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
148
Utgivningsdatum
2008-06-01
Upplaga
illustrated ed
Förlag
World Bank Publications
Illustrationer
Illustrations
Dimensioner
250 x 178 x 9 mm
Vikt
277 g
Antal komponenter
1
ISSN
1726-5878
ISBN
9780821375839
Globalization and Technology Absorption in Europe and Central Asia (häftad)

Globalization and Technology Absorption in Europe and Central Asia

The Role of Trade, FDI, and Cross-border Knowledge Flows

Häftad Engelska, 2008-06-01
439
Tillfälligt slut – klicka "Bevaka" för att få ett mejl så fort boken går att köpa igen.
Innovation and cross-border absorption of knowledge are central forces behind economic convergence and sustained growth. Absorption of technology is considered a necessary step to promote the development of human capital and the productive base, paving the way for innovations at the global knowledge frontier. Research and development, patents, trade, and foreign direct investment are major channels of technological absorption, allowing diffusion of new ideas and manufacturing best practices among countries and firms. These channels constitute the central focus of this study. This study uses patent databases, surveys of enterprises, and case studies to investigate how the presence of specific channels of absorption molds decision making about technology. Trade and FDI flows show considerable promise as catalysts for the region to upgrade its technology and near the global technology frontier. Econometric analysis using enterprise surveys from all Europe and Central Asia countries helps us understand the conditions and policies that induce firms to incorporate external knowledge and technology into their overall growth strategies. We find evidence of learning by exporting, underscoring the importance of trade as a driver of absorption. A case study of several manufacturing firms in Serbia complements this perspective, providing a detailed picture of the positive dynamics that are produced by FDI, particularly in terms of investment and risk-taking incentives that are critical for technology absorption. Examination of patent citations shows that cross-border knowledge flows remain weak. Consequently, science and innovation policies should foster greater integration of the region's substantial science and engineering resources with those of the rest of the world. These policies should encourage international collaboration and closer connection between the region's public sector R&D and global private sector efforts.
Visa hela texten

Kundrecensioner

Har du läst boken? Sätt ditt betyg »

Fler böcker av författarna

  • Can Russia Compete?

    Itzhak Goldberg

    In recent years the Russian government, concerned about sustaining its economic performance, has sought to promote more diversified and broader economic growth beyond the profitable natural-resource sector. Economic officials would like to see som...

  • Igniting Innovation

    Itzhak Goldberg

    Innovation and technology absorption are now firmly recognised as one of the main sources of economic growth for emerging and advanced economies alike. That is why innovation is seen as a possible catalyst for revitalising post-transition economie...