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Technology Transfer, Technological Progress and Economic Growth: The Role of Institutional Quality in Pakistan

Author

Listed:
  • Nazia Nazeer

    (National University of Computer and Emerging Sciences, FAST School of Management)

  • Rajah Rasiah

    (Asia-Europe Institute, Universiti Malaya)

Abstract

This study investigates the role of institutions in Pakistan’s efforts to stimu-late technological progress, specifically analysing the evolution of institutional quality, technology transfer through technical cooperation grants, technological progress and economic growth. The role of institutional quality is emphasised, as proactive institutional coordination is paramount to achieve technological upgrading. As the evidence amassed shows, Pakistan’s institutional quality ranks lower than the successful industrialisers of East Asia, such as Japan, Korea and Taiwan. To ensure the robustness of our findings, data from 1996 to 2020 was deployed. The findings underscore the importance of policymakers in Pakistan directing their attention to fostering skills and competencies essential for patents or cultivating an entrepreneurial mindset, under-lining the critical role of strong institutions in this process.

Suggested Citation

  • Nazia Nazeer & Rajah Rasiah, 2024. "Technology Transfer, Technological Progress and Economic Growth: The Role of Institutional Quality in Pakistan," Malaysian Journal of Economic Studies, Faculty of Business and Economics, University of Malaya & Malaysian Economic Association, vol. 61(1), pages 101-118, January.
    • Handle: RePEc:mjr:journl:v:61:y:2024:i:1:p:101-118
    DOI: 10.22452/MJES.vol61no1.6
    as

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    More about this item

    Keywords

    Technology transfer; technological progress; economic growth; institutions; Pakistan;
    All these keywords.

    JEL classification:

    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services
    • P41 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform

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