International technology adoption, R&D, and productivity growth
International knowledge diffusion is considered an important source of productivity growth. However, direct observations on such diffusion have not been available at the macro level. We analyze novel data on international technology trade. Our empirical analyses indicate a positive association betwe...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2013
- Institución:
- Universidad Tecnológica de Bolívar
- Repositorio:
- Repositorio Institucional UTB
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.utb.edu.co:20.500.12585/9082
- Acceso en línea:
- https://hdl.handle.net/20.500.12585/9082
- Palabra clave:
- R&D
Technology adoption
Technology trade
- Rights
- restrictedAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
| Summary: | International knowledge diffusion is considered an important source of productivity growth. However, direct observations on such diffusion have not been available at the macro level. We analyze novel data on international technology trade. Our empirical analyses indicate a positive association between payments for international technology adoption and the growth of labor productivity. Those payments appear to be a stronger contributor than research and development (R&D) investments for a large group of economies. For economies with high productivity, technology adoption payments tend to be complementary to R&D investments. © 2013 by Walter de Gruyter Berlin Boston. |
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