Why do we need a theory and metrics of technology upgrading?

S. Radosevic, Esin Yoruk

    Research output: Contribution to journalArticlepeer-review

    61 Citations (Scopus)
    115 Downloads (Pure)

    Abstract

    This paper discusses why we need a theory and metrics of technology upgrading. It critically reviews existing approaches to technology upgrading, and proposes a theoretically relevant and empirically grounded intermediate conceptual and statistical framework to illustrate the types of challenges facing economies with different levels of income. It conceptualises technology upgrading as a three-dimensional process that considers the intensity and type of technology upgrading based on different types of innovation and technology activities; the broadening of technology upgrading through exploitation of technology and knowledge diversification; and interaction with the global economy via the import, adoption, and exchange of knowledge. We consider these to be necessary first steps towards a theory and metrics of technology upgrading and the generation of more relevant composite indicator of technology upgrading.

    Original languageEnglish
    Pages (from-to)8-32
    Number of pages16
    JournalAsian Journal of Technology Innovation
    Volume24
    DOIs
    Publication statusPublished - 21 Oct 2016

    Bibliographical note

    This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.

    Keywords

    • technology upgrading
    • growth
    • composite indicators
    • middle-income economies
    • R&D and innovation

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