Singh, Lakhwinder (2006): Globalization, national innovation systems and response of public policy. Published in: International Journal of Technology Management and sustainable Development , Vol. Vol. 3, No. Issue 3 (2004): pp. 215-231.
Download (184Kb) | Preview
Abstract This paper attempts to set the significance of public innovation policies in contemporary developing countries in the context of the fast pace of globalization. It is fairly well established both in theory and practice that investment expenditure on innovation projects is likely to be low if left in the hands of private economic agents as they have a tendency to under-invest due to the ‘public good’ nature of the outcomes of R&D. However, policy in developing economies seldom takes seriously the importance of investment in innovation projects. This has not been without far-reaching implications for the growth and development performance of developing countries in general. The paper explores the role of international institutions and national governments in the task of strengthening national innovation systems through innovative interventions at national and international levels.
|Item Type:||MPRA Paper|
|Original Title:||Globalization, national innovation systems and response of public policy|
|Keywords:||globalization of technology role of state knowledge gaps global public good innovative strategy developing countries international institutions intellectual property rights innovation policy|
|Subjects:||O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O38 - Government Policy
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O34 - Intellectual Property Rights
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights
|Depositing User:||Lakhwinder Singh|
|Date Deposited:||02. Nov 2006|
|Last Modified:||11. Feb 2013 23:56|
References Abramovitz, M.A. (1979), ‘Rapid Growth Potential and its Realisation: The Experience of Capitalist Economies in the Postwar Period’, in E. Malivaund (ed.), Economic Growth and Resources: The Major Issues, vol. 1, London: Macmillan.
Aghion, P. and Howitt, P. (1992), ‘A Model of Growth through Creative Destruction’, Econometrica, 60: 2, pp. 323–51.
Aitken, B. and Harrison, A. (1999), ‘Do Domestic Firms Benefit From Foreign Direct Investment? Evidence from Venezuela’, American Economic Review, 89: 3, pp. 605–18.
Archibugi, D. and Pietrobelli, C. (2002), ‘The Globalisation of Technology and its Implications for Developing Countries: Windows of Opportunity or Further Burden?’, mimeo, University of Rome III.
Arrow, Kenneth J. (1962), ‘Economic Welfare and the Allocation of Resources of Invention’, in Richard Nelson (ed.), The Rate and Direction of Inventive Activity: Economic and Social Factors, Princeton, NJ: Princeton University Press.
Cantwell, J. and Iammarino, S. (2002), Multinational Enterprises and Regional Systems of Innovation in Europe, London: Routledge.
Carr, D., Markusen, J. and Maskus, K. (2001), ‘Estimating the Knowledge-Driven Model of the Multinational Enterprises’, American Economic Review, 19: 3, pp. 693–708.
Coe, D.T. and Helpman, E. (1995), ‘International R&D Spillovers’, European Economic Review, 39: 5, pp. 859–87.
Coe, D.T., Helpman, E. and Hoffmaister, A. (1997), ‘North-South R&D Spillovers’, Economic Journal, 107: 440, pp. 134–49.
Eichengreen, B. (2002), ‘Capitalizing on Globalization’, Asian Development Review, 19: 1, pp. 14–66.
Evenson, R.E. and Westphal, L. (1995), ‘Technological Change and Technological Strategy’, in J. Behrman and T.N. Srinivasan (eds), Handbook of Development Economics, vol. 3, Amsterdam: Elsevier Science.
Evenson, R.E. and Singh, Lakhwinder (1997), Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asia, Economic Growth Center, Yale University, Discussion Paper 777.
Fagerberg, J. (1987), ‘A Technology Gap Approach to Why Growth Rates Differ’, Research Policy, 16: 2–4, pp. 87–99.
Fagerberg, J. and Verspagen, Bart (2002), ‘Technology-Gaps, Innovation-Diffusion and Transformation: An Evolutionary Interpretation’, Research Policy, 31: 7, pp. 1141–61.
Freeman, C. (1987), Technology Policy and Economic Performance: Lessons from Japan, London: Pinter.
Gibbons, John H. (1994), ‘Statement of the Honorable John H. Gibbons’, Director, Office of Science and Technology Policy before the Subcommittee on Technology, Environment, and Aviation, Committee on Science, Space and Technology, United States House of Representatives.
Gerschenkron, A. (1962), Economic Backwardness in Historical Perspective, Cambridge, MA: Belknap Press.
Goodacre, A. and Tonks, Ian (1995), ‘Finance and Technological Change’, in Paul Stoneman (ed.), Handbook of the Economics of Innovation and Technological Change, Oxford: Blackwell.
Grossman, G. and Helpman, E. (1991), Innovation and Growth in the Global Economy, Cambridge, MA: The MIT Press.
Guerrieri, P., Iammarino, S. and Pietrobelli, C. (eds) (2001), The Global Challenge to Industrial Districts: SMEs in Italy and Taiwan, Cheltenham: Edward Elgar.
Jones, Ronald W. (2001), ‘Globalization and the Fragmentation of Production’, Seoul Journal of Economics, 14: 1, pp. 1–13.
Kim, L. (2000), ‘Korea’s National Innovation System in Transition’, in Linsu Kim and Richard R. Nelson, (eds), Technology, Learning, and Innovation: Experience of Newly Industrializing Economies, Cambridge: Cambridge University Press.
Kumar, N. (2002), Globalization and the Quality of Foreign Direct Investment, New Delhi: Oxford University Press.
Kumar, N. (2003), ‘Intellectual Property Rights, Technology and Economic Development: Experiences of Asian Countries’, Economic and Political Weekly, 38: 3, (18 January), pp. 209–26.
Kumar, N. and Siddharthan, N.S. (1997), Technology, Market Structure and Internationalization: Issues and Policies for Developing Countries, London: Routledge and UNU/INTECH.
Lundvall, B-A. (1988), ‘Innovation as an Interactive Process: From User-Producer Interaction to the National Systems of Innovation’, in G. Dosi et al. (eds), Technical Change and Economic Theory, London: Pinter.
Lundvall, B-A. (ed.) (1992), National Systems of Innovation: Towards a Theory of Innovation and Interactive Learning, London: Pinter.
Mani, S. (1999), ‘Public Innovation Policies and Developing Countries in a Phase of Economic Liberalisation’, DP, no. 9902, Maastricht, The Netherlands: UNU-INTECH.
Maskus, K.E. and Konan, D.E. (1991), ‘Trade Related Intellectual Property Rights: Issues and Exploratory Results’, mimeo, University of Colorado.
McKelvey, M. (1991), ‘How do National Systems of Innovation Differ? A Critical Analysis of Porter, Freeman, Lundvall and Nelson’, in G.M. Hodgson and E. Screpanti (eds), Rethinking Economics: Markets Technology and Economic Evolution, Aldershot: Edward Elgar.
Mowery, D. (1995), ‘The Practice of Technology Policy’, in Paul Stoneman (ed.), Handbook of the Economics of Innovation and Technological Change, Oxford: Blackwell.
Mowery, D. and Rosenberg, N. (1993), ‘The US National Innovation System’, in R.R. Nelson (ed.), National Systems of Innovation: A Comparative Study, Oxford: Oxford University Press.
Narula, R. and Sadowski, B. (2002), ‘Technological Catch-up and Strategic Technology Partnering in Developing Countries’, International Journal of Technology Management, 23: 6, pp. 599–617.
Nelson, R.R. (ed.) (1993), National Systems of Innovation: A Comparative Study, Oxford: Oxford University Press.
NSF (2002), Science and Engineering Indicators 2002, National Science Board, Arlington, USA (http://www.nsf.govt./October/ 27/2002).
OECD (2000), Main Science and Technology Indicators, vol. 1, Paris: Directorate for Science, Technology and Industry, Organization for Economic Cooperation and Development.
Patel, P. and Pavitt, K. (2000), ‘National Innovation Systems: Why They are Important, and How They Might be Measured and Compared’, in Charles Edquist and Maureen McKelvey (eds), Systems of Innovation: Growth, Competitiveness and Employment, vol. 1, Cheltenham: Edward Elgar.
Romer, P.M. (1986), ‘Increasing Returns and Long Run Growth’, Journal of Political Economy, 94: 5, pp. 1002–37.
Ruttan, V.W. (2001), Technology, Growth, and Development: An Induced Innovation Perspective, New York: Oxford University Press.
Siddharthan, N.S. (2004), ‘Globalisation: Productivity, Efficiency and Growth – An Overview’, Economic and Political Weekly, 39: 5 (31 January), pp. 420–22.
Savvides, A. and Zachariadis, Marious (2003), ‘International Technology Diffusion and the Growth of TFP in the Manufacturing Sector of Developing Economies’, paper presented in the NEUDC, 17–19 October, Economic Growth Center, Yale University.
Solow, R.M. (1956), ‘A Contribution to the Theory of Economic Growth’, Quarterly Journal of Economics, 70: 1, pp. 65–94.
——— (1957), ‘Technical Progress and the Aggregate Production Function’, Review of Economics and Statistics, 39: 3, pp. 312–20.
Stiglitz, Joseph E. (1999), ‘Knowledge as a Global Public Good’, in Inge Kaul, Isabelle Grunberg and Marc A. Stern (eds), Global Public Goods: International Cooperation in the 21st Century, New York: Oxford University Press.
Suh, Joonghae (2000), Korea’s Innovation System: Challenges and New Policy Agenda, Discussion Paper No. 2000-4, Institute for New Technologies, United Nations University, Maastricht, The Netherlands.
UNDP (2001), Making New Technologies Work for Human Development: Human Development Report 2001, New York: Oxford University Press.
UNESCO (2001), The State of Science and Technology in the World 1996–1997, UNESCO Institute for Statistics.
US International Trade Commission (1988), Foreign Protection of Intellectual Property Rights and the Effects on US Industry and Trade, Washington DC: Government Printing Office.
Verspagen, B. (1991), ‘A New Empirical Approach to Catching Up or Falling Behind’, Structural Change and Economic Dynamics, 2: 2, pp. 359–79.
Wade, Robert (1990), Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization, Princeton, NJ: Princeton University Press.
World Bank (1999), World Development Report 1998/99: Knowledge for Development, Oxford: Oxford University Press and the World Bank.
World Bank (2003), World Development Report 2003: Sustainable Development in a Dynamic World – Transforming Institutions, Growth, and Quality of Life, New York: Oxford University Press.
World Economic Forum (2003), The Global Competitiveness Report 2002–2003, New York: Oxford University Press.
Xu, B. (2000), ‘Multinational Enterprises, Technology Diffusion and Host Country Productivity Growth’, Journal of Development Economics, 62: 2, pp. 477–93.
Yusuf, Shahid (2003), Innovative East Asia: The Future of Growth, New York: Oxford University Press.