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]
|
| Schriftenreihe: | Policy research working paper
4707 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| 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 |
| Beschreibung: | 1 Online-Ressource |
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| 100 | 1 | |a Corrêa, Paulo Henrique da Rocha da Rocha |e Verfasser |4 aut | |
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| 520 | 3 | |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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| author | Corrêa, Paulo Henrique da Rocha da Rocha |
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| language | English |
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| spelling | Corrêa, Paulo Henrique da Rocha da Rocha Verfasser aut Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia Paulo G. Correa, Ana M. Fernandes, Chris J. Uregian [Washington, D.C] World Bank [2008] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 4707 Includes bibliographical references Title from PDF file as viewed on 5/18/2009 "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 Online-Ausg Also available in print Diffusion of innovations Central Asia Diffusion of innovations Europe, Eastern Fernandes, Ana Margarida Sonstige oth Uregian, Chris J. Sonstige oth World Bank Sonstige oth Corrêa, P. H. da Rocha Technology adoption and the investment climate http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4707 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Corrêa, Paulo Henrique da Rocha da Rocha Technology adoption and the investment climate firm-level evidence for Eastern Europe and Central Asia Diffusion of innovations Central Asia Diffusion of innovations Europe, Eastern |
| 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_exact_search_txtP | 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 |
| topic | Diffusion of innovations Central Asia Diffusion of innovations Europe, Eastern |
| topic_facet | Diffusion of innovations Central Asia Diffusion of innovations Europe, Eastern |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4707 |
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