Is FDI the most important source of international technology transfer? Panel Data evidence from the UK

This study examines the different sources of international technology transfer to 205 UK industries in a panel running from 1979-1991. FDI is found to be more important than trade in the transfer of knowledge to UK industries. The estimated elasticities have a range; in the static model that looks at the long run relationship between FDI and value added the estimated elasticity is 0.24

Is FDI the most important source of international technology transfer? Panel Data evidence from the UK

This study examines the different sources of international technology transfer to 205 UK industries in a panel running from 1979-1991. FDI is found to be more important than trade in the transfer of knowledge to UK industries. The estimated elasticities have a range; in the static model that looks at the long run relationship between FDI and value added the estimated elasticity is 0.24

Is FDI the most important source of international technology transfer? Panel Data evidence from the UK

This study examines the different sources of international technology transfer to 205 UK industries in a panel running from 1979-1991. FDI is found to be more important than trade in the transfer of knowledge to UK industries. The estimated elasticities have a range; in the static model that looks at the long run relationship between FDI and value added the estimated elasticity is 0.24.Panel Data; FDI; technology transfer; spillovers

Analysing the Development Implications of Technological Innovations from China to SSA economies: A Conceptual Framework

China’s relationship with Africa has grown enormously, especially in the last two decades. From trade to foreign direct investment and official development assistance to migration, there are many myths surrounding the relationship between China and Africa, some of which are being dispelled through research. However, the academic community is still at an early stage in researching this evolving relationship and its impact on Africa economies. A significant gap remains in the literature in the area of technology transfer from China to African economies and developing countries in general. This paper seeks to present a literature review on various issues on technology, developing a conceptual framework that will guide future research in analysing the impact of technology transfer from China on recipient developing countries as well as informing policy

Foreign Direct Investment, Macroeconomic Instability And Economic Growth in MENA Countries

This paper aims at analyzing the possible influence of foreign direct investment (FDI) on economic growth in the particular case of Middle East and North African countries (MENA). During the last years, the relation between FDI and growth in LDCs has been discussed extensively in the economic literature. However, the view that FDI stimulates economic growth does not receive an unanimous support. In order to access empirically this relation in MENA countries, we use a dynamic panel procedure with observations per country over the period 1970-2005. To improve efficiency, we use the standard “difference” and “system” GMM and 2SLS estimators. Our findings show that there is no independent impact of FDI on economic growth. The growth-effect of FDI does not also depend on degree of openness to trade and income per capita. But, the positive impact of FDI on economic growth depends on macroeconomic stability: there is a threshold effect of annual percentage change of consumer prices.Foreign Direct Investment ; macroeconomic stability ; economic growth ; Middle East and North Africa ; two-stage least squares ; generalized moments methods

China's Presence in Developing Countries' Technology Basket: The Case of Furniture Manufacturing in Kenya

China has emerged as the leading source of capital goods for Kenya and Sub Saharan Africa as a whole, which before the noughties depended largely on advanced countries for capital goods. Thus, there is a disruption of the pattern of technology transfer to Sub Saharan Africa including Kenya. A significant aspect of this disruption is that the capital goods are being produced within a developing country context (China) and for other developing countries. This issue motivated this research, which contributes to the literature by exploring the potential impact of Chinese technologies (capital goods) on the development of other developing countries vis-à-vis the impact of technologies from advanced countries and the domestic economy. The study used both qualitative and quantitative research approaches and data from Kenya’s furniture manufacturing firms, including both formal and informal sector firms. It was found that the technologies from China (and also Kenya) are more amenable for inclusive industrial development especially with respect to employment creation and poverty reduction. These technologies are more labour intensive, compared to the advanced country technologies. They allow poor entrepreneurs to start their own businesses with a relatively high degree of automation, which they would not be able to afford if the only available technology were the technology from advanced countries. They are also pro-poor in terms of producing goods to meet the consumption needs of the poor. It was also found that the diffusion of the Chinese technology is higher among informal sector firms than among formal sector firms. However, the Chinese technology is less common than the Kenyan technology in the informal sector while the formal sector firms mainly rely on the advanced country technology. All the three technologies are transferred/ diffused mainly through arm’s length trade. The fact that the Chinese and Kenyan technologies yield a more inclusive development outcome than those from advanced countries indicates that industrial policies for developing countries should take into consideration the critical issue of technology choice

Innovar en tiempos difíciles. Empresas españolas bajo presión durante la Guerra Fría

El artículo analiza la situación que afrontaron y las respuestas que arbitraron diversas empresas españolas en sectores punta durante la Guerra Fría debido primordialmente a dos factores. Por un lado, en condiciones de cambio tecnológico acelerado, sobre las empresas españolas gravitaba una clara dependencia tecnológica respecto a las grandes multinacionales. Por el otro, la Guerra Fría interfería en las relaciones comerciales con graves trabas al normal funcionamiento de la economía de mercado. Esta aportación se encuadra en el planteamiento de orientación integradora e interdisciplinar establecido por Segreto casi cuatro decenios después de la obra de Adler-Karlsson, considerada como pionera en la materia. Aspectos importantes a examen son la condición de país periférico de España y la diversidad de las empresas analizadas El trabajo actualiza la bibliografía e incorpora nuevas fuentes primarias, entre ellas las empresariales y las oficiales

Key success factors impacting foreign direct investment and technology transfer: a comparative study of Libya and Egypt

The research presents a comparative study of Libya and Egypt. Both are developing economies in North Africa, and both have adopted FDI and TT as ways to enhance economic development and economic structure in the countries. The purpose of this study is to investigate the key success factors impacting foreign direct investment (FDI) and technology transfer (TT) from the perspective of governments of the host countries . The investigation applies a questionnaire survey method for primary data collection from firm managers in the two countries. Data were collected from representatives of firms with FDI and TT in Libya and Egypt. The matched samples comprise 149 firms in both Libya and Egypt, so that key economic sectors could be covered in the two countries. This research also uses data collected from secondary sources such as government reports, documents and government websites. The results were strongly impacted by host government policy in the process of FDI and TT. A number of factors were identified as being important in the process of FDI and TT, these factors are divided into two groups: manageable factors such as policy, level of education, skill of labour and so on and unmanageable factors such as availability of natural resources, location and the climate of the host country .The created framework has broad significance and can be applied for the evaluation of the role of FDI and TT in the evolution of the economic structure of a country