A tale of two technological capabilities: economic growth revisited from a technological capability transition perspective

Yeon, Jung-In; Lee, Jeong‐Dong; Baek, Chulwoo

doi:10.1007/s10961-020-09809-2

Cited by 11 publications

(8 citation statements)

References 78 publications

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“…In addition, we discuss the relationship between capability transition and sustained economic growth by examining the national technological capability dynamics according to per capita income levels. The empirical demonstration in this section is mainly based on our recent empirical study (Yeon et al 2020).…”

Section: Development Pattern Of the Two Technological Capabilities: A...mentioning

confidence: 99%

The Challenges of Technology and Economic Catch-up in Emerging Economies

2021

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This book synthesizes and interprets existing knowledge on technology upgrading failures as well as lessons from successes and failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together in one volume diverse evidence regarding three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. The knowledge of these three dimensions is being synthesized at the firm, sector, and macro levels across different countries and world macro-regions. Compared to the old and new challenges and uncertainties facing emerging economies, our understanding of the technology upgrading is sparse, unsystematic, and scattered. While our understanding of these issues from the 1980s and 1990s is relatively more systematized, the changes that took place during the globalization and proliferation of GVCs, the effects of the post-2008 events, and the effects of the current COVID-19 and geopolitical struggles on technology upgrading have not been explored and compared synthetically. Moreover, the recent growth slowdown in many emerging economies, often known as a middle-income trap, has reinforced the importance of understanding the technology upgrading challenges of catching-up economies. We believe that the time is ripe for “taking stock of the area” in order to systematize and evaluate the existing knowledge on processes of technology upgrading of emerging economies at the firm, sector, and international levels and to make further inroads in research on this issue. This volume aims to significantly contribute towards this end.

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Section: Development Pattern Of the Two Technological Capabilities: A...mentioning

confidence: 99%

The Challenges of Technology and Economic Catch-up in Emerging Economies

2021

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“…The paper collection aims at providing insights into some of these complex questions on local-global interfaces specifically as they relate to emerging economies trying to overcome the post-middle-income gap and to catch up with advanced, innovation-based economies. Yeon et al (2020) distinguish between two aggregate types of technological capability and the transition related to growth slowdowns in middle-income countries. They use a construct of two capability indices to investigate their heterogeneous contribution to economic growth.…”

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“…From the perspective of topic of our Special Issue, Yeon et al (2020) paper shows that technological capabilities are cumulative and path dependent but also that there is no automatic link between implementation and design capabilities. Also, increasing global connections positively affect both type of capabilities but the positive impact is significantly higher in the case of implementation capabilities.…”

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“…Exceptional values of this contribution is, first, the emphasis placed on the essential role of firms' leadership in responding to signals emanated from windows of opportunities and, second, the role of organizational capabilities and inter-organizational knowledge interactions-both local and international-in technology upgrading. Parallel to the macro-perspective of Yeon et al (2020), this paper shows the changing nature of technological capabilities at a micro level. Their ethnological approach also enables the authors to clearly depict how transitions between different stages are being managed along the technology upgrading trajectory.…”

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“…Also, increasing environmental concerns and the greater emphasis on supply chain resilience and robustness in the years to come will significantly impact the nature of technology upgrading as well as the nature of interaction between the local and foreign firms and global value chains. Of course, the importance of design capability (Yeon et al 2020) and local innovation effort (Zhou et al 2020;Lebdioui et al 2020) should be considered even more seriously, because the indigenous effort geared for unique innovation will be only way to survive…”

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Local capacity, innovative entrepreneurial places and global connections: an overview

Lee

Meissner

et al. 2020

J Technol Transf

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The globalisation trend of the past few decades, driven to a large extent by the proliferation of GVCs, has led to a set of significant changes in patterns of technology upgrading and new modes of interaction between domestic technology efforts and external sources of technological knowledge. Whether this new dynamic will lead to continuing increase in the economic importance of emerging economies will ultimately depend on whether their productivity growth will be driven by technology upgrading, requiring active and coordinated activity orchestrated by a variety of state and non-state actors under diverse sectoral, regional and national innovation systems. The new dynamic also reinforces the focus on local-global interfaces which becomes ever more important once we recognize that in the 21st century technology upgrading challenges depend much more on improvements in connectivity and on the industrial ecosystem. Still, the globalization process experienced in the past few decades-reflected in this collection of papers-may need to be recalibrated in the face of the drastic geopolitical changes that the process itself has brought about.

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Determinant on Economic Growth in Developing Country: A Special Case Regarding Turkey and Bangladesh

Bazaluk,

Kader,

Zayed

et al. 2024

J Knowl Econ

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This study delves into the complex interplay between gross domestic product (GDP) and key macroeconomic indicators in the contexts of Turkey and Bangladesh. By examining panel data spanning from 1981 to 2020 sourced from the World Bank, we investigate the causal relationships between GDP growth and various factors including population growth, inflation, literacy rate, natural resource utilization, investment, and foreign direct investment (FDI). Our research aims to address critical questions regarding the economic trajectories of these two emerging economies. Specifically, we seek to understand how different macroeconomic variables influence GDP growth in Bangladesh and Turkey, while also exploring the unique socio-economic landscapes of these nations. Methodologically, we employ the Dumitrescu–Hurlin panel causality test to analyze the causal relationships between GDP growth and the aforementioned macroeconomic indicators. Our findings reveal direct, statistically significant associations between GDP growth and these variables, with population growth emerging as a particularly influential factor. The implications of our study extend beyond empirical observations, offering valuable insights for policymakers and stakeholders seeking to foster sustainable economic development in both Bangladesh and Turkey. By identifying the key drivers of GDP growth and their impact on economic performance, our research contributes to the existing body of literature on economic development in emerging economies. In conclusion, this study sheds light on the intricate dynamics of GDP growth in Turkey and Bangladesh, highlighting the importance of understanding and leveraging macroeconomic indicators to promote inclusive and sustainable economic growth in these nations.

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A tale of two technological capabilities: economic growth revisited from a technological capability transition perspective

Cited by 11 publications

References 78 publications

The Challenges of Technology and Economic Catch-up in Emerging Economies

The Challenges of Technology and Economic Catch-up in Emerging Economies

Local capacity, innovative entrepreneurial places and global connections: an overview

Determinant on Economic Growth in Developing Country: A Special Case Regarding Turkey and Bangladesh

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