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Closing the Technology Gap?

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  • Fulvio Castellacci

Abstract

This paper focuses on the dimensions shaping the dynamics of technology. We present a model where the knowledge stock of a country grows over time as a function of three main factors: its innovation intensity, its technological infrastructures and its human capital. The latter two variables contribute to determine the absorptive capacity of a country as well as its innovative ability. Based on this theoretical framework, we carry out an empirical analysis that investigates the dynamics of technology in a large sample of developed and developing economies in the last two-decade period, and studies its relationships with the growth of income per capita in a dynamic panel model setting. The results indicate that the cross-country distributions of technological infrastructures and human capital have experienced a process of convergence, whereas the innovative intensity is characterized by increasing polarization between rich and poor economies. Thus, while the conditions for catching up have generally improved, the increasing innovation gap represents a major factor behind the observed differences in income per capita.

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File URL: http://hdl.handle.net/10.1111/j.1467-9361.2010.00601.x
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Bibliographic Info

Article provided by Wiley Blackwell in its journal Review of Development Economics.

Volume (Year): 15 (2011)
Issue (Month): 1 (02)
Pages: 180-197

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Handle: RePEc:bla:rdevec:v:15:y:2011:i:1:p:180-197

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References

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Citations

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Cited by:
  1. Fulvio Castellacci & José Miguel Natera, 2011. "A new panel dataset for cross-country analyses of national systems, growth and development (CANA)," Working Papers del Instituto Complutense de Estudios Internacionales 05-11, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
  2. Fulvio, Castellacci, 2012. "Business Groups, Innovation and Institutional Voids in Latin America," MPRA Paper 41481, University Library of Munich, Germany.
  3. A. Peyrache & Andrea Filippetti, 2012. "Labour productivity and technology gap in European regions: A non-parametric approach," CEPA Working Papers Series WP022012, School of Economics, University of Queensland, Australia.
  4. Lechman, Ewa, 2012. "Technology convergence and digital divides. A country-level evidence for the period 2000-2010," MPRA Paper 41849, University Library of Munich, Germany.
  5. Choung, Jae-Yong & Hwang, Hye-Ran & Song, Wichin, 2014. "Transitions of Innovation Activities in Latecomer Countries: An Exploratory Case Study of South Korea," World Development, Elsevier, vol. 54(C), pages 156-167.
  6. Ewa Lechman, 2013. "ICTs diffusion trajectories and economic development – an empirical evidence for 46 developing countries," GUT FME Working Paper Series A 18, Faculty of Management and Economics, Gdansk University of Technology.
  7. Castellacci, Fulvio & Natera, Jose Miguel, 2013. "The dynamics of national innovation systems: A panel cointegration analysis of the coevolution between innovative capability and absorptive capacity," Research Policy, Elsevier, vol. 42(3), pages 579-594.
  8. Andrea Filippetti & Marion Frenz & Grazia Ietto-Gillies, 2013. "The Role Of Internationalization As A Determinant Of Innovation Performance. An Analysis Of 42 Countries," Management Working Papers 10, Birkbeck Department of Management, revised Jan 2013.
  9. Roman Stöllinger, 2013. "International spillovers in a world of technology clubs," FIW Working Paper series 114, FIW.
  10. Mate-Sanchez-Val, Mariluz & Harris, Richard, 2014. "Differential empirical innovation factors for Spain and the UK," Research Policy, Elsevier, vol. 43(2), pages 451-463.
  11. Ewa, Lechman, 2012. "Cross national technology convergence. An empirical study for the period 2000-2010," MPRA Paper 37442, University Library of Munich, Germany.
  12. Ewa Lechman, 2013. "Does Technology Adoption Matter For Economic Development? An Empirical Evidence For Latin American Countries," GUT FME Working Paper Series A 17, Faculty of Management and Economics, Gdansk University of Technology.

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