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Technology Change: Sources and Impediments

Author

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  • Gustav Ranis

    (Economic Growth Center, Yale University)

  • Mallory Irons

    (Johns Hopkins University)

  • Yanjing Huang

    (Yale University)

Abstract

There is little doubt that technology change, both in terms of its process and quality dimensions, represents the principal driving force to explain comparative economic performance at both micro and macro levels. This paper examines the sources of technology change and the impediments to the full realization of its opportunities, both abstractly and in the context of a comparison among six typologically diverse developing countries. Among the external sources, we examine the roles of trade, foreign patents and FDI; among the internal sources we examine the roles of investment, domestic R&D, domestic patents, S&T personnel and secondary education alternatives. Among impediments, we analyze certain public and private policy frameworks which tend to impede the realization of technological opportunities. We detect some reasons for the better TFP performance of the East Asian in comparison with the Latin American countries.

Suggested Citation

  • Gustav Ranis & Mallory Irons & Yanjing Huang, 2011. "Technology Change: Sources and Impediments," Working Papers 1002, Economic Growth Center, Yale University.
    • Handle: RePEc:egc:wpaper:1002
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    References listed on IDEAS

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    More about this item

    Keywords

    Development; Technological Change;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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