By Nathaniel O. Agola
This booklet offers a realistic analytical version grounded at the sturdy concept that applied sciences and the accompanying implementation efforts in simple terms make feel in the event that they are effectively deployed in markets. The analytical version additionally offers an exhaustive research of all severe variables on the worldwide, neighborhood and nationwide degrees, which give a contribution to failure or luck of know-how move efforts. The version is demonstrated through an incisive research of know-how move reviews of Japan, Korea, Singapore, Taiwan (province of China), and Malaysia. whereas this ebook reveals that those East Asian nations have had either diverging and converging versions, and stories with know-how move, the iconic and basic features of expertise move in particular business sectors and monetary progress in those international locations is then used to attract classes for African countries.
This publication for this reason is a well timed and compelling piece of analysis paintings that gives priceless solutions to the more and more pressing query of ways African international locations can industrialize via expertise move to fulfill their financial improvement and development ideals.
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Extra resources for Technology Transfer and Economic Growth in Sub-Sahara African Countries: Lessons from East Asia
Such narrow industrial base can be viewed as a serious challenge to economic growth and development generally when it is rightly perceived in terms of technology gap. SSA technology gap is alarming and urgently requires focused policy and pragmatic remedial attention. 1 depicts how SSA technology gap problem systemically leads to a host of other problems. 14 2 Technology Transfer For Economic Growth In Africa… Fig. 1 Sub-Sahara Africa’s technology gap problem tree. 4 Manufacturing Sector Growth and Solving Duality of Economic Structure Duality in economic structure is an enduring characteristic of low-income economies, and within such economic structure, poverty lurks both in rural and urban settings.
Financial Times Ltd. French H. (2012) “Seven of the World’s 10 Fastest-Growing Economies are African”, in Business Insider, May 21. com Kent M (2010) “Africa: Coke’s Last Frontier”, Bloomberg BusinessWeek, October 2010. , Gries, T. and Naude, W. ), Multinational Enterprises, Foreign Direct Investment and Growth in Africa: South-African Perspectives, Physica-Verlag GmbH & Co, Berlin. , Kasahara S, and Halle M (2009) Economic Development in Africa Report, 2009: Strengthening Regional Economic Integration in Africa’s Development.
Larger markets favor technological capability building due to faster rate and larger scale capital accumulation as can be witnessed in the case of the Chinese market for consumer goods. Capital accumulation is necessary for ﬁnancing the acquisition of more advanced technologies to move up the technology ladder, more so for mature technologies with predictable trajectories and markets. Even in the case of Japanese technological development, vibrant domestic consumer market supporting further development of industries was obtainable due to rising incomes and a large population.