Catching Up to the Technology Frontier: The Dichotomy Between Innovation and Imitation

23 Pages Posted: 19 Oct 2010

See all articles by Jakob B. Madsen

Jakob B. Madsen

University of Copenhagen - Department of Economics

Md. Rabiul Islam

Monash University

James Ang

Monash College

Abstract

Using data for 55 developing and developed countries, this research examines the roles of technology transfer, research intensity, educational attainment, and the ability to absorb foreign technology in explaining cross-country differences in productivity growth. The results show that innovation is an important factor for growth in OECD countries, whereas growth in developing countries is driven by imitation. Furthermore, the interaction between educational attainment and the distance to the frontier is a significant determinant of growth in the overall sample.

A l’aide de données pour 55 pays développés et en développement, on examine les rôles du transfert de technologie, de l’intensité de recherche, du niveau d’éducation, et de l’habiletéà absorber la technologie étrangère dans l’explication des écarts entre pays dans la croissance de la productivité. Les résultats montrent que l’innovation est un facteur important dans la croissance des pays de l’OCDE alors que la croissance des pays en développement est animée par l’imitation. De plus, l’interaction entre le niveau d’éducation et la distance de la frontière est un facteur déterminant et significatif de la croissance dans tout l’échantillon.

Suggested Citation

Madsen, Jakob Bruechner and Islam, Md. Rabiul and Ang, James, Catching Up to the Technology Frontier: The Dichotomy Between Innovation and Imitation. Canadian Journal of Economics/Revue canadienne d'économique, Vol. 43, No. 4, pp. 1389-1411, November/novembre 2010, Available at SSRN: https://ssrn.com/abstract=1694237 or http://dx.doi.org/10.1111/j.1540-5982.2010.01618.x

Jakob Bruechner Madsen (Contact Author)

University of Copenhagen - Department of Economics ( email )

Øster Farimagsgade 5
Bygning 26
1353 Copenhagen K.
Denmark

Md. Rabiul Islam

Monash University ( email )

James Ang

Monash College ( email )

Guangzhou
China

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