IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Technological Innovation, Trade and Development

Technological Innovation, Trade and Development
View Sample PDF
Author(s): Laura Márquez-Ramos (Universitat Jaume I, Spain), Inmaculada Martínez-Zarzoso (Universitat Jaume I, Spain)and Celestino Suárez-Burguet (Universitat Jaume I, Spain)
Copyright: 2008
Pages: 20
Source title: Information Communication Technologies: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Craig Van Slyke (Northern Arizona University, USA)
DOI: 10.4018/978-1-59904-949-6.ch020

Purchase

View Technological Innovation, Trade and Development on the publisher's website for pricing and purchasing information.

Abstract

This chapter tests empirically to what extent technological innovation influences international trade and studies its effect on different groups of countries according to their level of economic development. Different measures used in the literature to proxy for technological capabilities are reviewed and two of them are selected. The estimation results show that technological innovation has a considerably high explanatory power on trade compared with other traditional determinants. Countries tend to trade more when they have similar technological capabilities and the development of technological innovation has lowered the effect of geographical distance on trade. According to the obtained results, investing in technological innovation leads to the improvement and maintenance of the level of competitiveness, therefore a good economic policy in developing countries is to invest in technological innovation.

Related Content

Christine Kosmopoulos. © 2022. 22 pages.
Melkamu Beyene, Solomon Mekonnen Tekle, Daniel Gelaw Alemneh. © 2022. 21 pages.
Rajkumari Sofia Devi, Ch. Ibohal Singh. © 2022. 21 pages.
Ida Fajar Priyanto. © 2022. 16 pages.
Murtala Ismail Adakawa. © 2022. 27 pages.
Shimelis Getu Assefa. © 2022. 17 pages.
Angela Y. Ford, Daniel Gelaw Alemneh. © 2022. 22 pages.
Body Bottom