Publication:
Globalization and Technology Absorption : Role of Trade, FDI and Cross-Border Knowledge Flows

dc.contributor.author Goldberg, Itzhak
dc.contributor.author Branstetter, Lee
dc.contributor.author Goddard, John Gabriel
dc.contributor.author Kuriakose, Smita
dc.date.accessioned 2012-08-13T10:41:22Z
dc.date.available 2012-08-13T10:41:22Z
dc.date.issued 2010-05
dc.description.abstract Improving the ability of Europe and Central Asia (ECA) countries to tap into the global technology pool is an important mechanism for accelerating their industrial development, worker productivity and economic growth. Trade flows, foreign direct investment (FDI), research and development (R&D), and labor mobility and training, are widely accepted as key mechanisms for knowledge absorption. Absorption requires tough decisions and large investments, as firms need to spend resources on modifying imported equipment and technologies, and reorganizing production lines and organizational structures. Case studies of privatized enterprises in Serbia highlight the important role of foreign investors in knowledge absorption, whether acquired through capital goods imports, exporting, hiring consultants and other knowledge brokers, or from licensing technology. The Serbian case studies targeted FDI based on acquisition of existing assets from the government (privatization), or from private owners, rather than 'greenfield' FDI. The analyses suggested, in general, that companies sold to domestic investors were not able to increase exports in a significant way, while comparable firms receiving FDI did much better. In addition, more significant changes in product mix and manufacturing occurred in companies bought by foreign investors. New directors were brought in from the multinational enterprises (MNE), the domestic investors' holdings, from rival companies, or promoted from within. In companies acquired by foreign investors, the comparative advantage for R&D was in the adaptation of products and machinery to local conditions, rather than in innovation. en
dc.identifier http://documents.worldbank.org/curated/en/2010/05/12817902/globalization-technology-absorption-role-trade-fdi-cross-border-knowledge-flows
dc.identifier.uri http://hdl.handle.net/10986/10192
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Europe and Central Asia Knowledge Brief; Volume No. 21
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ABSORPTIVE CAPACITY
dc.subject BEHAVIORS
dc.subject BUSINESS ENVIRONMENT
dc.subject CD-ROM
dc.subject COLLABORATION
dc.subject COMPETENCIES
dc.subject DIFFUSION OF KNOWLEDGE
dc.subject ENTERPRISE SURVEYS
dc.subject EQUIPMENT
dc.subject EXTERNAL KNOWLEDGE
dc.subject FOREIGN DIRECT INVESTMENT
dc.subject FOREIGN INVESTMENT
dc.subject FOREIGN TRADE
dc.subject GLOBALIZATION
dc.subject GOVERNMENT POLICIES
dc.subject HUMAN CAPITAL
dc.subject HUMAN RESOURCES
dc.subject IDEAS
dc.subject INDUSTRIAL DEVELOPMENT
dc.subject INNOVATION
dc.subject INNOVATION POLICY
dc.subject INNOVATIONS
dc.subject INTEGRATION
dc.subject INTELLECTUAL PROPERTY
dc.subject INTELLECTUAL PROPERTY RIGHT
dc.subject INTERNATIONAL BEST PRACTICES
dc.subject INTERNATIONAL COLLABORATION
dc.subject INVENTION
dc.subject INVENTIONS
dc.subject KNOWLEDGE ECONOMY
dc.subject KNOWLEDGE FLOWS
dc.subject LEARNING
dc.subject LICENSE
dc.subject LICENSING
dc.subject MANUFACTURING
dc.subject NEW TECHNOLOGIES
dc.subject NEW TECHNOLOGY
dc.subject ORGANIZATIONAL STRUCTURES
dc.subject PATENTS
dc.subject POLICY FRAMEWORK
dc.subject PRIVATE SECTOR
dc.subject PRODUCT DESIGNS
dc.subject PRODUCT INNOVATION
dc.subject PRODUCTIVITY
dc.subject R&D
dc.subject TAXONOMY
dc.subject TRADE NETWORKS
dc.subject WORKFORCE
dc.subject WORLD TRADE
dc.title Globalization and Technology Absorption : Role of Trade, FDI and Cross-Border Knowledge Flows en
dspace.entity.type Publication
okr.date.disclosure 2010-09-30
okr.doctype Publications & Research :: Brief
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2010/05/12817902/globalization-technology-absorption-role-trade-fdi-cross-border-knowledge-flows
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Agriculture
okr.globalpractice Education
okr.globalpractice Transport and ICT
okr.globalpractice Transport and ICT
okr.globalpractice Trade and Competitiveness
okr.identifier.externaldocumentum 000333038_20100930020343
okr.identifier.internaldocumentum 12817902
okr.identifier.report 56703
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/09/30/000333038_20100930020343/Rendered/PDF/567030BRI00Box1alization1Technology.pdf en
okr.region.administrative Europe and Central Asia
okr.topic Information and Communication Technologies :: ICT Policy and Strategies
okr.topic Agricultural Knowledge and Information Systems
okr.topic Private Sector Development :: E-Business
okr.topic Education :: Knowledge for Development
okr.topic Macroeconomics and Economic Growth :: Knowledge Economy
okr.topic Agriculture
okr.unit Private/Financial Sectors Devt (ECSPF)
okr.unit Office of the Regional Vice Pres (ECAVP)
okr.volume 1 of 1
relation.isAuthorOfPublication 7d13264e-5b0a-57fc-8bc2-40dcec43acaf
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