Are North-South Technological Spillovers Substantial? A dynamic panel data model estimation
Wamae, Watu (2006). Are North-South Technological Spillovers Substantial? A dynamic panel data model estimation. UNU-MERIT.
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Author Wamae, Watu Title Are North-South Technological Spillovers Substantial? A dynamic panel data model estimation Publication Date 2006 Publisher UNU-MERIT Abstract This paper argues that actual technological spillovers are not substantial in developing countries because of the absence of an absorptive capacity. We carry out a panel data analysis in an attempt to gain insight into the specific aspects that enable economies to benefit from the backlog of existing knowledge. Our findings indicate that low productivity effects of human capital coupled with weak or virtually inexistent systems of innovation are at the root of the observed ambiguity with regard to the spillovers gains that are expected to play a significant role in sparking growth. Keyword Absorptive capacity
Spillovers
Developing countries
Systems of innovationJEL C33
O47
O57Copyright Holder UNU-MERIT Copyright Year 2006 ISSN 1871-9872 -
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