Catching up to the technology frontier : the dichotomy between innovation and imitation
journal contribution
posted on 2010-11-01, 00:00authored byJ Madsen, Md Rabiul Islam, J Ang
Catching up to the technology frontier : the dichotomy between innovation and imitation
History
Journal
Canadian journal of economics
Volume
43
Issue
4
Pagination
1389 - 1411
Publisher
Wiley-Blackwell Publishing
Location
Hoboken, N.J.
ISSN
0008-4085
eISSN
1540-5982
Language
eng
Notes
Using data for 55 developing and developed countries, this research examines the roles of technology transfer, research intensity, educational attainment, and the ability to absorb foreign technology in explaining cross-country differences in productivity growth. The results show that innovation is an important factor for growth in OECD countries, whereas growth in developing countries is driven by imitation. Furthermore, the interaction between educational attainment and the distance to the frontier is a significant determinant of growth in the overall sample.