Fleisher, Belton M.; McGuire, William; Smith, Adam Nicholas - 2013
Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle … income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese … China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned …