The Entry into the Design and Production of Complex Capital Goods: The Experiences of Brazil, India and South Korea

Daniel Chudnovsky

Chapter 2 in Machinery and Economic Development, 1986, pp 54-92 from Palgrave Macmillan

Abstract: Abstract The manufacture of capital goods, and particularly of industrial machinery, has been a fundamental instrument in generating and diffusing technological innovations. For this reason, it has been argued that ‘creating a capital goods industry is, in effect, a major way of institutionalizing internal pressures for the adoption of new technology’.2

Keywords: Machine Tool; Capital Good; Domestic Firm; Electrical Equipment; License Agreement (search for similar items in EconPapers)
Date: 1986
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DOI: 10.1007/978-1-349-18440-8_2

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