empirically that both mechanisms perform poorly with regard to two key desiderata such as efficiency and equality, even in large …

suggest that developing countries grow faster when they are globally competitive in low-technology manufacturing and natural …

recently. In particular, takeovers by foreign firms raise suspicions of technology theft and job cuts at the newly acquired …

. In contrast, we do not find evidence that improved production processes and technology upgrading cause the positive …

Functioning markets for technology are an important determinant for the type, scope and distribution of innovation … activities in an economy. However, markets for technology are often underdeveloped or inefficient. Existing theory attributes … structural forces that shape the demand side of markets for technology. In this study, we reason that demand depends on the …