Optimizing international technology diffusion: A middle-income country's perspective

被引:0
作者
Lin, Hwan C. [1 ]
机构
[1] Univ N Carolina, Dept Econ, Charlotte, NC 28223 USA
关键词
Innovation; Imitation; Technology Diffusion; R&D; FDI; INTELLECTUAL PROPERTY-RIGHTS; NORTH-SOUTH TRADE; GLOBAL PATENT PROTECTION; PRODUCT-CYCLE; INNOVATION; INVESTMENT; SPILLOVERS; MOBILITY; MODEL;
D O I
10.1016/j.econmod.2009.07.023
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper develops a North-Middle-South model to formulate a middle economy that plays catch-up via imitative R&D to acquire newer technologies from a higher-wage innovative forerunner, while playing "reverse catch-up" via outbound FDI to transfer older technologies to a lower-wage follower. A critical policy dilemma facing the middle economy is how to balance its R&D-driven technology inflows against its FDI-driven technology outflows. Numerical simulations are used for dynamic welfare analysis. This paper finds that tightening FDI permits the middle economy to keep a lower saving rate without weakening its ability to acquire newer technologies in the long run. (c) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:54 / 66
页数:13
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