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International Technology Transfer, Innovation and Economic Development of European Union Countries in 2008-2017

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  • Robert W. Ciborowski
  • Iwona Skrodzka

Abstract

Purpose: The article aims to assess the extent to which International Technology Transfer (ITT) can influence the innovation level of European Union (EU) countries and, as a result, accelerate their economic development. This is vital from the point of view of the developing countries which are striving to narrow the development gap as rapidly as possible. Design/Methodology/Approach: The study uses a soft modelling method which makes it possible to measure and analyse the dependencies between variables than cannot be directly observed, i.e. latent variables. The soft model consists of two sub-models: an internal one, describing the relationships between the latent variables, and an external one, characterising the latent variables by means of observable variables. The statistical data used for estimating the model come from Eurostat, the World Bank, and the European Innovation Scoreboard database and span the years 2008-2017. Findings: The results of the modelling indicated a positive impact of ITT on innovation levels in EU countries and a positive impact on both ITT and innovation levels on the economic development of the studied countries in the period 2008-2017. The influence of innovation levels on economic development proved to be stronger than the influence of ITT. Practical Implications: The results of the conducted study can have a practical application and serve as an instrument of innovation policies, industrial policies, or as a tool helpful in creating conditions for innovation systems. Originality/Value: The article points to the methods and extent of gaining knowledge and technologies as prerequisites of higher innovativeness of EU countries, which constitutes an original approach to technological processes as a component of economic development.

Suggested Citation

  • Robert W. Ciborowski & Iwona Skrodzka, 2019. "International Technology Transfer, Innovation and Economic Development of European Union Countries in 2008-2017," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 384-404.
    • Handle: RePEc:ers:journl:v:xxii:y:2019:i:3:p:384-404
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    References listed on IDEAS

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    1. Andrea Andrenelli & Julien Gourdon & Evdokia Moïsé, 2019. "International Technology Transfer Policies," OECD Trade Policy Papers 222, OECD Publishing.
    2. Bernard M. Hoekman & Keith E. Maskus & Kamal Saggi, 2023. "Transfer of Technology to Developing Countries: Unilateral and Multilateral Policy Options," World Scientific Book Chapters, in: Kamal Saggi (ed.), Technology Transfer, Foreign Direct Investment, and the Protection of Intellectual Property in the Global Economy, chapter 5, pages 127-142, World Scientific Publishing Co. Pte. Ltd..
    3. David B. Audretsch & Erik E. Lehmann & Albert N. Link & Alexander Starnecker (ed.), 2012. "Technology Transfer in a Global Economy," International Studies in Entrepreneurship, Springer, edition 127, number 978-1-4614-6102-9, December.
    4. Ayres, Robert, 1996. "Technology, progress and economic growth," European Management Journal, Elsevier, vol. 14(6), pages 562-575, December.
    5. Bozeman, Barry, 2000. "Technology transfer and public policy: a review of research and theory," Research Policy, Elsevier, vol. 29(4-5), pages 627-655, April.
    6. Slavo Radosevic, 1999. "International Technology Transfer and Catch-Up in Economic Development," Books, Edward Elgar Publishing, number 1386.
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    Cited by:

    1. Janusz Myszczyszyn & Irena Lacka & Sylwia Golab & Beata Bedzik & Blazej Supron, 2021. "A Preliminary Analysis of the Relationship between Economic Growth and Selected Innovativeness Indicators on the Example of Four European Union Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 402-418.
    2. Mateusz Borkowski, 2023. "Social Capital and Economic Development: PLS-SEM Model," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 11-27.

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    More about this item

    Keywords

    International technology transfer; innovation; economic development; European Union countries; soft modelling method.;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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