Technology adoption and the investment climate: firm-level evidence for Eastern Europe and Central Asia
"The international diffusion of technology presents an opportunity for developing economies distant from the world technological frontier to reduce their income gap relative to advanced economies. It is therefore crucial to understand why, when faced with similar technological alternatives diff...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
2008
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Schriftenreihe: | Policy research working paper
4707 |
Schlagworte: | |
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Zusammenfassung: | "The international diffusion of technology presents an opportunity for developing economies distant from the world technological frontier to reduce their income gap relative to advanced economies. It is therefore crucial to understand why, when faced with similar technological alternatives different firms in different countries choose to adopt different vintages of capital. This paper examines technology adoption across firms in Eastern Europe and Central Asia. The findings show that access to complementary inputs - managerial capacity, skilled labor, finance, and good infrastructure - and to international knowledge - through foreign direct investment or exports - is an important correlate of technology adoption. The link between market incentives and technology adoption is more nuanced. Although consumer pressure results in technology adoption, competitor pressure does not, suggesting that only firms with rents are able to adopt technology given substantial resource constraints. Privatized firms exhibit better technology adoption outcomes but only when a clear private owner with a profit incentive is present. Better governance is associated with technology adoption only in the countries that joined the European Union in 2004. Future increases in technology adoption by firms in the region will require complementary reforms of the investment climate. "--World Bank web site |
Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 5/18/2009 Erscheinungsjahr in Vorlageform:[2008] |
Beschreibung: | 1 Online-Ressource |
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520 | 1 | |a "The international diffusion of technology presents an opportunity for developing economies distant from the world technological frontier to reduce their income gap relative to advanced economies. It is therefore crucial to understand why, when faced with similar technological alternatives different firms in different countries choose to adopt different vintages of capital. This paper examines technology adoption across firms in Eastern Europe and Central Asia. The findings show that access to complementary inputs - managerial capacity, skilled labor, finance, and good infrastructure - and to international knowledge - through foreign direct investment or exports - is an important correlate of technology adoption. The link between market incentives and technology adoption is more nuanced. Although consumer pressure results in technology adoption, competitor pressure does not, suggesting that only firms with rents are able to adopt technology given substantial resource constraints. Privatized firms exhibit better technology adoption outcomes but only when a clear private owner with a profit incentive is present. Better governance is associated with technology adoption only in the countries that joined the European Union in 2004. Future increases in technology adoption by firms in the region will require complementary reforms of the investment climate. "--World Bank web site | |
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Datensatz im Suchindex
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id | DE-604.BV040619311 |
illustrated | Not Illustrated |
indexdate | 2024-08-27T04:19:23Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025446810 |
oclc_num | 862983923 |
open_access_boolean | |
owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
owner_facet | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
physical | 1 Online-Ressource |
psigel | ZDB-1-WBA |
publishDate | 2008 |
publishDateSearch | 2008 |
publishDateSort | 2008 |
publisher | World Bank |
record_format | marc |
series2 | Policy research working paper |
spellingShingle | Corrêa, Paulo Henrique da Rocha da Rocha Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia |
title | Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia |
title_auth | Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia |
title_exact_search | Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia |
title_full | Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia Paulo G. Correa, Ana M. Fernandes, Chris J. Uregian |
title_fullStr | Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia Paulo G. Correa, Ana M. Fernandes, Chris J. Uregian |
title_full_unstemmed | Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia Paulo G. Correa, Ana M. Fernandes, Chris J. Uregian |
title_short | Technology adoption and the investment climate |
title_sort | technology adoption and the investment climate firm level evidence for eastern europe and central asia |
title_sub | firm-level evidence for Eastern Europe and Central Asia |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4707 |
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