Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/213773
Authors: 
Monterrosa Castro, Iván Javier
Espinel, Blanca Inés
Ospino Pinedo, Mónica Esther
Year of Publication: 
2018
Citation: 
[Journal:] Atlantic Review of Economics (ARoEc) [ISSN:] 2174-3835 [Volume:] 1 [Year:] 2018 [Issue:] 1
Abstract (Translated): 
This article studies the role of technology drivers in catching up at different stages of development. Countries can be at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth [technological capabilities, external spillovers, technological specialization and stability of policies in science and technology] can play different roles to accelerate the rate of growth and change their relative position in the leadership rank (win or lose the run). The empirical results show the building of a 'racing pattern' as countries climb up development stages. At earlier stages, infrastructures and qualification play a major role, while at upper stages, the maintenance of leadership depends on accumlating techno-scientific capabilities to innovate. The article also finds that R&D is crucial at any stage of development, as well as the stability of technology policies.
Subjects: 
Database
business intelligence
financial information system
decision making and knowledge base
JEL: 
M12
M14
Document Type: 
Article

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