Technological Development as Important Condition of International Competitiveness Cover Image

Tehnološka razvijenost kao važan uslov konkurentnosti na međunarodnom tržištu
Technological Development as Important Condition of International Competitiveness

Author(s): Ognjen Radonjić
Subject(s): Business Economy / Management, International relations/trade, Economic development, Globalization
Published by: Sociološko naučno društvo Srbije
Keywords: economic growth; factors of economic growth; technology; human capital; technology transfer; research and development activities;

Summary/Abstract: Successful industrialization and economic growth in general, require that developing countries use scarce resources in most productive way. It is evident that developing countries lag behind in processes of technological development and at the same time face problems of how best to bridge the technology gap. The best solution is to rely on inflows of foreign technology, as well as reinforcement of domestic research and development base. Despite usual structural and neoclassical assumption that technology diffuses freely, important condition for efficient technology absorption is developing, not only adaptional, but also developmental technological capabilities. Also, productive research and development activities cannot take place without an adequate stock of human capital.

  • Issue Year: 44/2002
  • Issue No: 2
  • Page Range: 175-192
  • Page Count: 18
  • Language: Serbian