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Education for Technology Readiness: Prospects for Developing Countries

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  • Jong-Wha Lee

Abstract

The technology gap between developing and advanced countries has been increasing during the last few decades. In the process of technology development human capital plays a critical role as an absorption capacity for new technologies in developing countries. The cross-country regression shows that human capital interacts with inflows of foreign technology embodied in machinery imports as well as FDI, and thereby contributes to technology growth in developing countries. We also find that the stock of human capital, at the secondary and tertiary levels of education in particular, plays a key role in determining the development of information and communication technology.This paper discusses the measures in building appropriate human capacities for the adaptation of new technologies in developing countries by focusing on the education strategies of East Asian economies.

Suggested Citation

  • Jong-Wha Lee, 2001. "Education for Technology Readiness: Prospects for Developing Countries," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 2(1), pages 115-151.
  • Handle: RePEc:taf:jhudca:v:2:y:2001:i:1:p:115-151
    DOI: 10.1080/14649880120050219
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    Citations

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    Cited by:

    1. Lee, Jong-Wha, 2005. "Human capital and productivity for Korea's sustained economic growth," Journal of Asian Economics, Elsevier, vol. 16(4), pages 663-687, August.
    2. Ayadi, Rym & De Groen, Willem Pieter, 2014. "Micro-, Small- and Medium-Sized Enterprises with High-Growth Potential in the Southern Mediterranean: Identifying Obstacles and Policy Responses," CEPS Papers 8796, Centre for European Policy Studies.
    3. Maria Adelaide Duarte & Marta Simões, 2004. "Human capital, mechanisms of technological diffusion and the role of technological shocks in the speed of diffusion. Evidence from a panel of Mediterranean countries," Notas Económicas, Faculty of Economics, University of Coimbra, issue 20, pages 102-134, December.
    4. Lee, Jong-Wha & Francisco, Ruth, 2012. "Human capital accumulation in emerging Asia, 1970–2030," Japan and the World Economy, Elsevier, vol. 24(2), pages 76-86.
    5. Pohjola, Matti, 2002. "New Economy in Growth and Development," WIDER Working Paper Series 067, World Institute for Development Economic Research (UNU-WIDER).
    6. Baliamoune, Mina N., 2002. "The New Economy and Developing Countries: Assessing the Role of ICT Diffusion," WIDER Working Paper Series 077, World Institute for Development Economic Research (UNU-WIDER).
    7. Cristian Popescu & Laura Diaconu, 2009. "The relationship between the level of education and the development state of a country," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 56, pages 475-480, November.
    8. World Bank, 2004. "Inequality and Economic Development in Brazil," World Bank Publications, The World Bank, number 14913.
    9. World Bank, 2003. "Brazil : Inequality and Economic Development, Volume 1. Policy Report," World Bank Other Operational Studies 14653, The World Bank.
    10. M. Desai, S. Fukuda-Parr, C. Johansson, and F. Sagasti, 2002. "Measuring Technology Achievement of Nations and the Capacity to Participate in the Network Age," Human Development Occasional Papers (1992-2007) HDOCPA-2002-22, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    11. François Bourguignon & Yehuda Elkana & Boris Pleskovic, 2007. "Capacity Building in Economics Education and Research," World Bank Publications, The World Bank, number 6681.

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