Working Paper #2006-023
Are North-South Technological Spillovers Substantial? A dynamic panel data model estimation
This paper argues that actual technological spillovers are not
substantial in developing countries because of the absence of an
absorptive capacity. We carry out a panel data analysis in an attempt to
gain insight into the specific aspects that enable economies to benefit
from the backlog of existing knowledge. Our findings indicate that low
productivity effects of human capital coupled with weak or virtually
inexistent systems of innovation are at the root of the observed
ambiguity with regard to the spillovers gains that are expected to play
a significant role in sparking growth.
- Keywords
-
- absorptive capacity
- spillovers
- developing countries
- systems of innovation
- JEL codes
-
- C33
- O47
- O57
- ISSN
- 1871-9872
Cite this as
APA 7th ed.Wamae, W. (2006). Are North-South Technological Spillovers Substantial? A dynamic panel data model estimation (UNU-MERIT Working Paper No. 2006-023). UNU-MERIT. https://unu-merit.nl/publications/working-papers/abstract/?id=2690