New World Bank report - Technology Diffusion in the Developing World
| Contributed by James Robinson | |
| 21 January 2008 | |
In it's annual Global Economic Prospects report, the World Bank focuses on technology transfer in the developing world You can read the forward to this report at the bottom of this page or download the full report here. Note: The file is large 5.4MB! There's also a short article on scidev.net here Report ForwardEach year, Global Economic Prospects explores critical “here and now” economic developments that are relevant to low- and middle-income countries. Past editions have examined the economic implications of international and regional trade liberalization, and migration and remittances. Last year’s report looked at the recent acceleration in growth among developing countries and its sustainability over the longer term.This year we take a closer look at technology, a critical determinant of sustainable growth and poverty reduction. We do so by directly measuring the extent to which countries use technological inputs (including scientific technologies embodied in goods and services and business processes) and produce technological outputs. The report also examines trends in the major channels through which technology is transmitted internationally, and in the country-specific factors that determine how well it is absorbed domestically. Encouragingly, this Global Economic Prospects finds that, since the early 1990s, technological progress in both low- and middle-income countries has increased more rapidly than in high-income countries. As a result, the level of technology used in developing countries is catching up with high-income countries. However, the technology gap between them remains wide. Globalization has underpinned much of the recent progress by exposing developing countries to foreign technology through imports of high-tech consumption, intermediate and capital goods. Countries have also benefited from rising levels of foreign direct investment that often brings with it knowledge of important process technologies and foreign markets. Finally, highly skilled international diasporas are exposing developing countries to technology, both through the trade and marketing contacts that they provide to their countrymen and through the return of former émigrés. Unfortunately, progress in improving the capacity of developing countries to absorb and make use of those technologies throughout their economies has been much weaker. Whether technological progress in developing countries will continue to outpace high income countries will depend on the improvements in this regard. The main impediments to further progress is not access to technologies, but the weakness of domestic skills and competencies, which prevents many developing countries from exploiting these technologies, and rigidities in the regulatory environment that prevent innovative firms from being created and expanding. The diffusion of technologies within countries is often slow, which means that although some firms may have technologically sophisticated operations, most do not. Moreover, most of the population and most firms operate in a low-tech environment. As a result, despite having technologically sophisticated cities and world-class firms, the economy-wide level of technological achievement in countries like China and India is not very different from that in other countries at similar levels of development. This report suggests a number of policy directions to bolster technology diffusion and absorption within developing countries:
Acting Senior Vice President and Chief Economist The World Bank Categories: World Bank| Technology Transfer | |
