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The effects of technology transfers and institutional factors on economic growth: evidence from Europe and Oceania

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  • Joao J. M. Ferreira

    (Universidade da Beira Interior (UBI))

  • Cristina Fernandes

    (Universidade da Beira Interior (UBI))

  • Vanessa Ratten

    (La Trobe University)

Abstract

Most of the literature on technology transfers (TTs) has tended to focus on a country or regional level without looking at the cross-continent flows of knowledge that are becoming ever more important due to regional trading blocs. This study fills the gap on the role of cross-continent TTs and institutional factors by focusing on the impact of environment related patents on economic growth. The continents selected for comparison are Europe and Oceania, which differ in terms of economic climate, geography and sustainability policies. In this way, we contribute to the literature on cross-continent TT policies by examining how environmental patents influence the economic growth rate of continents. This will help provide government policy with better means of enhancing TT. We conclude with the implications for managers, theory and policy in conjunction with the limitations and suggestions for future research.

Suggested Citation

  • Joao J. M. Ferreira & Cristina Fernandes & Vanessa Ratten, 2019. "The effects of technology transfers and institutional factors on economic growth: evidence from Europe and Oceania," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1505-1528, October.
  • Handle: RePEc:kap:jtecht:v:44:y:2019:i:5:d:10.1007_s10961-019-09730-3
    DOI: 10.1007/s10961-019-09730-3
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    16. Raphael Calel & Antoine Dechezleprêtre, 2016. "Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market," The Review of Economics and Statistics, MIT Press, vol. 98(1), pages 173-191, March.
    17. Mattauch, Linus & Creutzig, Felix & Edenhofer, Ottmar, 2015. "Avoiding carbon lock-in: Policy options for advancing structural change," Economic Modelling, Elsevier, vol. 50(C), pages 49-63.
    18. Paul Lehmann & Patrik Söderholm, 2018. "Can Technology-Specific Deployment Policies Be Cost-Effective? The Case of Renewable Energy Support Schemes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(2), pages 475-505, October.
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    More about this item

    Keywords

    Climate change; Economic growth; Environmental patents; Europe; Institutional factors; Oceania; Technology transfer;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

    Statistics

    Access and download statistics

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