Catching Up to the Technology Frontier: The Dichotomy between Innovation and Imitation

Jakob B. Madsen (), Md. Rabiul Islam and James B. Ang ()

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: R&D; endogenous growth theory; absorptive capacity (search for similar items in EconPapers)
JEL-codes: O30 O40 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff and nep-ino
Date: 2010
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Related works:
Journal Article: Catching up to the technology frontier: the dichotomy between innovation and imitation (2010)
Working Paper: Catching up to the Technology Frontier: The Dichotomy Between Innovation and Imitation (2009)
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:21701

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