Global Integration and Technology Transfer

This volume presents a rich set of analyses exploring how trade and foreign direct investment (FDI) can help increase economic growth by allowing firms to tap into and benefit from the global pool of knowledge. The chapters demonstrate that both ob...

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Bibliographic Details
Main Authors: Hoekman, Bernard, Javorcik, Beata Smarzynska
Language:English
en_US
Published: Washington, DC: World Bank and Palgrave Macmillan 2012
Subjects:
FDI
GDP
GNP
Online Access:http://documents.worldbank.org/curated/en/2006/01/6796179/global-integration-technology-transfer
http://hdl.handle.net/10986/6962
Description
Summary:This volume presents a rich set of analyses exploring how trade and foreign direct investment (FDI) can help increase economic growth by allowing firms to tap into and benefit from the global pool of knowledge. The chapters demonstrate that both obtaining access to foreign markets and opening their own economies to trade and FDI are crucial to promoting economic growth in developing countries, because they stimulate international technology diffusion. The volume also identifies government policies that can facilitate technology transfer and its absorption in the developing world.