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

Radosevic, S; Yoruk, E; (2016) Why do we need a theory and metrics of technology upgrading? Asian Journal of Technology Innovation , 24 (S1) pp. 8-32. 10.1080/19761597.2016.1207415. Green open access

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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.

Type: Article
Title: Why do we need a theory and metrics of technology upgrading?
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/19761597.2016.1207415
Publisher version: https://doi.org/10.1080/19761597.2016.1207415
Language: English
Additional information: Copyright © 2016 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Keywords: technology upgrading, growth, composite indicators, middle-income economies, R&D and innovation
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/10090274
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