Technology Diffusion, Learning from Imitation, and Growth PDF Download

Author: Tracy Michelle Collins
Publisher:
ISBN:
Category :
Languages : en
Pages : 142

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Author: Michelle P. Connolly
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 58

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"An endogenous growth model is developed demonstrating both static and dynamic gains from trade for developing nations due to the beneficial effects of trade on imitation and technological diffusion. The concept of learning-to-learn in both imitative and innovative processes is incorporated into a quality ladder model with North-South trade. Domestic technological progress occurs via innovation or imitation, while growth is driven by technological advances in the quality of domestically available inputs, regardless of country of origin. In the absence of trade, Southern imitation of Northern technology leads to asymptotic conditional convergence between the two countries, demonstrating the positive effect of imitation on Southern growth. Free trade generally results in a positive feedback effect between Southern imitation and Northern innovation yielding a higher common steady-state growth rate. Immediate conditional convergence occurs. Thus, trade in this model confers dynamic as well as static benefits to the less developed South, even when specializing in imitative processes"--Abstract.

Author: Philippe Aghion
Publisher: London : Department of Economics, University of Western Ontario
ISBN: 9780771411168
Category : Economic development
Languages : en
Pages : 0

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This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive and normative implications for growth. In positive terms, the prospect of a high level of research in the future can deter research today by threatening the fruits of that research with rapid obsolescence. In normative terms, obsolescence creates a negative externality from innovations, and hence a tendency for laissez-faire economies to generate too many innovations, i.e too much growth. This "business-stealing" effect is partly compensated by the fact that innovations tend to be too small under laissez-faire. The model possesses a unique balanced growth equilibrium in which the log of GNP follows a random walk with drift. The size of the drift is the average growth rate of the economy and it is endogenous to the model ; in particular it depends on the size and likelihood of innovations resulting from research and also on the degree of market power available to an innovator.

Author: Linsu Kim
Publisher: Cambridge University Press
ISBN: 9780521779876
Category : Business & Economics
Languages : en
Pages : 396

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In this volume leading scholars analyze in a series of original essays and commentaries how newly industrializing countries (NICs), particularly those in East Asia, have transformed themselves from technologically backward and poor to relatively modern and affluent economies over the past thirty years. The contributors provide interesting theoretical perspectives and offer insights into the process of technological progress at both the macro and micro levels in these countries. The essays review how firms, particularly those in electronics and automobiles, have dynamically accumulated technological capabilities at the micro level, how public policies have shaped the process of technological progress at the national level, and what problems some of these countries face today at both levels. In addition, the volume provides a comparison of East Asian NIC s with their Latin American counterparts. The discussion also offers useful lessons for policies in other developing countries.

Author: Qin Liu
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Secondly, it studies the impact of strategic consumer delay on the adoption of new technology. Strategic consumer delay and strategic learning have significant impact on diffusion of new technology and on the subsequent speed of learning. The social planner and monopoly's incentives to adopt the new technology deviate as the incentive for strategic consumer delay grows stronger. The social planner may be less inclined to adopt the new technology and the monopoly may learn too fast. On oligopoly market, diffusion of new technology may be inhibited by the destructive war in accumulating production experience.

Author: Paul L. Robertson
Publisher: Edward Elgar Publishing
ISBN: 0857930559
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
This important book is about the origins and diffusion of innovation, in theory and in practice. The practice draws on a variety of industries, from electronics to eyewear, from furniture to mechatronics, in a range of economies including Europe, USA and China.

Author: Morgan Kelly
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 22

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Author: Masahiro Kawai
Publisher: Edward Elgar Publishing
ISBN: 1849806888
Category : Political Science
Languages : en
Pages : 541

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The structure and policy architecture of the world economy, as it emerges from the historic challenges now underway, will be affected by the dramatic rise of Asian economies and deepening connections among them. This important book examines the dramatic transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy. Asia is becoming not just the world's factory, but also its leading creditor, and one of its key sources of dynamism and stability. Key questions are identified and addressed in three areas: Asia's growth and productivity, financial stability, and regional economic integration. In each of these areas, the contributing authors evaluate current trends and the forces shaping the future. They consider whether the regions progress is sustainable and what it will take to make it so. How is Asia reshaping its economy in response to the changing global landscape? More urgently, how can Asia weather the severe, global financial and economic stormoriginating from the global credit crisis? How will it extend its gains to people left behind? And how can it contribute to better governance and greater prosperity in the world economy? This book covers new ground by connecting theory, assembling detailed evidence on trends and challenges, and offering forwardlooking policy prescriptions. This timely book will appeal to Asian economic policymakers as well as postgraduate students interested in Asian economics, international economics and regional integration. Staff of international and regional organizations interested in Asian economics will also find this book invaluable.

Author: Sifeng Liu
Publisher: CRC Press
ISBN: 1420087428
Category : Business & Economics
Languages : en
Pages : 324

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Constructive Suggestions for Efficiently Implementing Technology Transfer Theory of Science and Technology Transfer and Applications presents the mechanisms, features, effects, and modes of technology transfer. It addresses the measurement, cost, benefit, optimal allocation, and game theory of technology transfer, along with the dynamics of the tec

Author: B. Carlsson
Publisher: Springer Science & Business Media
ISBN: 1461509157
Category : Business & Economics
Languages : en
Pages : 394

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Book Description
Technological Systems in the Bio Industries: An International Study represents a comprehensive, interdisciplinary, and systematic effort to understand the nature and role of technological change in a rapidly evolving arena of economic activity that can be loosely referred to as the bio industries. These include biomedical industries that deliver goods and services used in health care, including those based on genetic engineering, as well as applications of biotechnology in other industries such as agriculture, food production, and the forest industries. This volume is the third in a continuing series of studies on technological systems; it seeks to identify and address new sets of conceptual and methodological issues in analyzing innovation systems, particularly as regards the delimitation of relevant systems. The book makes an in-depth comparison of the biomedical clusters in Sweden and Ohio. It also sheds light on the emergence of new science-based technological systems.