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 innovation
    JEL C33
    O47
    O57
    Copyright Holder UNU-MERIT
    Copyright Year 2006
    ISSN 1871-9872
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