Technological capabilities are at the center of the new theories of economic growth which focus on technology and human capital as engines of growth. Recent developments in this literature suggest that long-run economic growth, as seen most recently in East Asia, reflects sustained increases in...

"This paper examines the impact of trade with Japan, North America, and the European Union on technology diffusion and total factor productivity growth in Korea, Mexico, and Jordan. Measures of foreign research and development are constructed based on industry-specific research and development...

Global Economic Prospects 2008: Technology Diffusion in the Developing World examines the state of technology in developing countries and the pace with which it has advanced since the early 1990s. It reveals both encouraging and cautionary trends. On the one hand, the pace of technological...