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- DescriptionWhile ecomic theory considers techlogical progress to be a key factor for sustained long-term ecomic growth and job creation, techlogy absorption is particularly an important driver for 'catch-up growth.' This study seeks to identify channels of techlogy transfer and absorption for Southern African enterprises, constraints to greater techlogy absorption, and discuss policy options open to governments and the private sector in light of relevant international experience. It has been done based on sector and enterprise case studies carried in four countries: South Africa, Mauritius, Lesotho and Namibia. This study uses a combination of ecometric and in depth case study analyses to investigate the presence of specific channels of absorption and the various constraints that the firms face to effectively absorb this techlogy. There is evidence of learning by exporting, and spillovers from FDI underscoring the importance of trade and FDI as important channels of absorption. The study finds that four countries while open to trade and FDI face a number of constraints that inhibit them from maximizing the ecomic benefits from techlogy absorption. These constraints include a major skills mismatch, insufficient research and development and ineffective industry-research linkages. While outlining broad policy directions in four areas namely increasing skills supply, fostering learning through trade, increasing domestic spillovers from FDI and incentivising greater firm level research and development, it lays out some priority areas for each of the four countries. We hope that the issues discussed and the dialogue initiated during the course of this study would lend itself to policy design to foster techlogy absorption with a view to higher growth and job creation in this highly globalised world.
- Author(s)Itzhak Goldberg,The World Bank
- PublisherWorld Bank Publications
- Date of Publication23/08/2011
- SubjectEngineering & Technology: Textbooks & Study Guides
- Series TitleDirections in Development - Human Development
- Place of PublicationWashington
- Country of PublicationUnited States
- ImprintWorld Bank Publications
- Content Noteill.
- Weight455 g
- Width152 mm
- Height230 mm
- Spine11 mm
- Format DetailsTrade paperback (US)
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