The Competitive Potential of Technology — Intensive Industries in Developing Countries

Yair Aharoni and Seev Hirsch

Chapter 6 in The World Economy, 1996, pp 99-117 from Palgrave Macmillan

Abstract: 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).

Keywords: Host Country; Market Orientation; Technology Policy; Business Firm; Intensive Industry (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24695-3_6

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DOI: 10.1007/978-1-349-24695-3_6

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