Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge of these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macro-regions.
Vonortas is joined by fellow co-editors Jeong-Dong Lee, Keun Lee, Dirk Meissner, and Slavo Radosevic. The volume is available for purchase from Oxford University Press. More information is available here.