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Wamae, Watu
(2009).
URL: http://adonisandabbey.com/edition_menu.php?edition...
Abstract
This paper argues that actual technological spillovers are not substantial in developing countries because of the absence of an absorptive capacity. A panel data analysis is used in an attempt to gain insight into the specific aspects that enable economies to benefit from the backlog of existing knowledge. The findings indicate that low productivity effects of human capital coupled with weak or virtually non-existent systems of innovation are at the root of the observed ambiguity with regard to the spillover gains that are expected to play a significant role in sparking growth