"The importance of international technology diffusion (ITD) for economic development can hardly be overstated. Both the acquisition of technology and its diffusion foster productivity growth. Developing countries have long sought to use both national policies and international agreements to stimulate ITD. The 'correct' policy intervention, if any, depends critically upon the channels through which technology diffuses internationally and the quantitative effects of the various diffusion processes on efficiency and productivity growth. Neither is well understood. New technologies may be embodied in goods and transferred through imports of new varieties of differentiated products or capital goods and equipment, they may be obtained through exposure to foreign buyers or foreign investors or they may be acquired through arms-length trade in intellectual property, e.g., licensing contracts. 'Global Integration and Technology Transfer' uses cross-country and firm level panel data sets to analyze how specific activities-exporting, importing, FDI, joint ventures-impact on productivity performance."
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'This volume...offers a wealth of perspectives and timely information on this central issue for development.' -- Keith E. Maskus, Stanford Calderwood Professor of Economics at the University of Colorado at Boulder.
The importance of acquiring and adapting advanced foreign technologies for employment opportunities and economic growth in developing countries can scarcely be overstated. For 10 years the trade research group at the World Bank has undertaken outstanding and innovative empirical studies of the processes under which technology transfer occurs and its impacts on local economies. This volume brings together the fruits of this endeavour and offers a wealth of perspectives and timely information on this central issue for development. It should find a home on the bookshelves of all international development economists and technology specialists.
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