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The Competitive Potential of Technology — Intensive Industries in Developing Countries

In: The World Economy

Author

Listed:
  • Yair Aharoni
  • Seev Hirsch

Abstract

The impact of technology on economic development and the interaction between technology, trade and investment policies are among the least understood aspects of the economic development process. Until the 1980’s, most research on economic development was based on neoclassical economic assumptions, namely that technological changes come about because of reactions to changes in factor prices, while the firm was treated as a “black box”. The discussion revolved around the labor or capital intensity of the production techniques — or the “appropriateness” of the technology. Attention was also drawn to the comparison of purchasing “packaged” and “non-packaged” technology (Kaitsos, 1974).

Suggested Citation

  • Yair Aharoni & Seev Hirsch, 1996. "The Competitive Potential of Technology — Intensive Industries in Developing Countries," Palgrave Macmillan Books, in: Marjan Svetličič & H. W. Singer (ed.), The World Economy, chapter 6, pages 99-117, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24695-3_6
    DOI: 10.1007/978-1-349-24695-3_6
    as

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