Drafts by Nesar Uddin Ahamed Nayeem
&DEVELOPMENT EXPENDITUREON TECHNOLOGY GAP ASSESSMENT 2. Background and present state of the probl... more &DEVELOPMENT EXPENDITUREON TECHNOLOGY GAP ASSESSMENT 2. Background and present state of the problem: The technology gap is the divergence between nations and communities in their abilities to access, diffuse and use scientific and technical knowledge. It is one of the main causes of the rapidly expanding socioeconomic gap between rich and poor nations and constitutes a major challenge for developing countries in their efforts to achieving the development goals [1]-[2]. The impact of the technology gap has almost exclusively been scrutinized by studies focusing on technology spillover from FDI to domestic firms. It has been argued that the more the spillover potential increases, the lower the technological gap or technological distance [3]. Research & Development expenditure (R&D) is also considered as another important determinant of Technology Transfer (TT) in relation to technology gap assessment [4]. The objective of R&D is to maximize the positive effects and to minimize the negative effects of technology. It is practically not possible to achieve both the goals. Hence a technology is under constant threat to be substituted by new one or its improved version. Therefore the approaches of R&D towards the generation of new technology have superior importance. Hence, the extent of high-quality FDI and strong R&D support depend on the parameters of the TT model and draw some policy implications [5]-[12]. In the above context it is felt that if a set of indicators in relation to FDI and R&D could be formulated for appropriate technology transfer process, it could be possible to reduce Technology Gap all over the world.
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Drafts by Nesar Uddin Ahamed Nayeem