This paper studies how an independent upstream capital good sector in a technology based industry can act as a mechanism for the transmission of growth across countries. Technologies, once developed, can be ‘transferred’ to other countries at low incremental cost. If there are upstream firms...

This paper analyses the development of software in India and Ireland. The development patterns of the software industry in Ireland and India clearly show both the advantages and disadvantages of being a follower. The most obvious advantage is the ability to sustain growth without a broad based...

Although market transactions for technologies, ideas, knowledge or information are limited by several well known imperfections, there is increasing evidence that they have become more common than in the past. In this paper we argue that these markets change the traditional mindset in which the...

The spectacular growth of the software industry in some non-G7 economies has aroused both interest and concern. This paper addresses two sets of inter-related issues. First, we explore the determinants of these successful stories. We then touch upon the broader question of what lessons, if any,...