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Why Do We Need Theory and Metrics of Technology Upgrading?

Radosevic, S; Yoruk, E; (2015) Why Do We Need Theory and Metrics of Technology Upgrading? (Economics and Business Working Paper Series 134). Centre for Comparative Economics (CCE), SSEES, UCL: London, UK. Green open access

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Abstract

This paper discusses why we need theory and metrics of technology upgrading. It critically reviews the existing approaches to technology upgrading and motivates build-up of theoretically relevant but empirically grounded middle level conceptual and statistical framework which could illuminate a type of challenges relevant for economies at different income levels. It conceptualizes technology upgrading as three dimensional processes composed of intensity and different types of technology upgrading through various types of innovation and technology activities; broadening of technology upgrading through different forms of technology and knowledge diversification, and interaction with global economy through knowledge import, adoption and exchange. We consider this to be necessary first step towards theory and metrics of technology upgrading and generation of more relevant composite indicator of technology upgrading.

Type: Working / discussion paper
Title: Why Do We Need Theory and Metrics of Technology Upgrading?
Open access status: An open access version is available from UCL Discovery
Language: English
UCL classification: UCL
UCL > Provost and Vice Provost Offices
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/1463370
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