n African Journal of Science, Technology, Innovation and Development - Are north-south technological spillovers substantial? A dynamic panel data model estimation

Volume 1, Issue 1
  • ISSN : 2042-1338
  • E-ISSN: 2042-1346
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This paper argues that technological spillovers are not substantial in developing countries because of the weak absorptive capacities. A panel data analysis is used in an attempt to gain insight into the specific aspects that enable economies to benefit from the backlog of existing knowledge. The findings indicate that low productivity effects of human capital coupled with weak or virtually non-existent systems of innovation are at the root of the observed ambiguity with regard to the spillover gains that are expected to play a significant role in sparking growth.

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