Promoting technology spillovers from trade and investments

Purpose Trade and investment flows into less-advanced economies could bring about important technological spillovers that could boost firm-level productivity and bolster their long-term economic growth. However, learning by doing and various forms of innovation activities are typically underprovided...

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Main Authors: Mendoza, Ronald U, Lau, Ailyn
Format: text
Published: Archīum Ateneo 2014
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Online Access:https://archium.ateneo.edu/asog-pubs/36
https://www.emerald.com/insight/content/doi/10.1108/IJDI-06-2013-0049/full/html
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Institution: Ateneo De Manila University
id ph-ateneo-arc.asog-pubs-1035
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spelling ph-ateneo-arc.asog-pubs-10352022-04-01T08:17:55Z Promoting technology spillovers from trade and investments Mendoza, Ronald U Lau, Ailyn Purpose Trade and investment flows into less-advanced economies could bring about important technological spillovers that could boost firm-level productivity and bolster their long-term economic growth. However, learning by doing and various forms of innovation activities are typically underprovided in a laissez faire policy environment. This brief paper outlines some of the motivations for public sector interventions to support learning by doing and stronger technological spillovers. The paper aims to discuss these issues. Design/methodology/approach To accomplish this, the paper provides a brief discussion of three key areas for policy attention, covering: the features that make international production networks fertile platforms for these spillovers; the opportunities for technology spillovers in the services sector; and the challenges associated with policies to link SMEs into these sectors that are fertile ground for technology spillovers and innovation. Findings This paper concludes by presenting a few possible guidelines on innovation and technology policy based on the lessons of industrialization attempts in the last several decades. A key insight tying these strategies together is that of creating incentives to compete and innovate, and ensuring that support is outcome oriented and temporary. Originality/value This paper contributes to the literature and practitioner-oriented scholarship by providing a clear framework for thinking about how to promote technology spillovers from trade and investments, as part of new industrial policies. 2014-04-01T07:00:00Z text https://archium.ateneo.edu/asog-pubs/36 https://www.emerald.com/insight/content/doi/10.1108/IJDI-06-2013-0049/full/html Ateneo School of Government Faculty Publications Archīum Ateneo Innovation Technology Spillovers Economic Policy Public Affairs, Public Policy and Public Administration
institution Ateneo De Manila University
building Ateneo De Manila University Library
continent Asia
country Philippines
Philippines
content_provider Ateneo De Manila University Library
collection archium.Ateneo Institutional Repository
topic Innovation
Technology Spillovers
Economic Policy
Public Affairs, Public Policy and Public Administration
spellingShingle Innovation
Technology Spillovers
Economic Policy
Public Affairs, Public Policy and Public Administration
Mendoza, Ronald U
Lau, Ailyn
Promoting technology spillovers from trade and investments
description Purpose Trade and investment flows into less-advanced economies could bring about important technological spillovers that could boost firm-level productivity and bolster their long-term economic growth. However, learning by doing and various forms of innovation activities are typically underprovided in a laissez faire policy environment. This brief paper outlines some of the motivations for public sector interventions to support learning by doing and stronger technological spillovers. The paper aims to discuss these issues. Design/methodology/approach To accomplish this, the paper provides a brief discussion of three key areas for policy attention, covering: the features that make international production networks fertile platforms for these spillovers; the opportunities for technology spillovers in the services sector; and the challenges associated with policies to link SMEs into these sectors that are fertile ground for technology spillovers and innovation. Findings This paper concludes by presenting a few possible guidelines on innovation and technology policy based on the lessons of industrialization attempts in the last several decades. A key insight tying these strategies together is that of creating incentives to compete and innovate, and ensuring that support is outcome oriented and temporary. Originality/value This paper contributes to the literature and practitioner-oriented scholarship by providing a clear framework for thinking about how to promote technology spillovers from trade and investments, as part of new industrial policies.
format text
author Mendoza, Ronald U
Lau, Ailyn
author_facet Mendoza, Ronald U
Lau, Ailyn
author_sort Mendoza, Ronald U
title Promoting technology spillovers from trade and investments
title_short Promoting technology spillovers from trade and investments
title_full Promoting technology spillovers from trade and investments
title_fullStr Promoting technology spillovers from trade and investments
title_full_unstemmed Promoting technology spillovers from trade and investments
title_sort promoting technology spillovers from trade and investments
publisher Archīum Ateneo
publishDate 2014
url https://archium.ateneo.edu/asog-pubs/36
https://www.emerald.com/insight/content/doi/10.1108/IJDI-06-2013-0049/full/html
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