ADB Economics Working Paper Series No. 163
The Optimal Structure of TechnologyAdoption and Creation: Basic Researchvs. Development in the Presenceof Distance to Frontier
Joonkyung Ha, Yong Jin Kim, and Jong-Wha Lee
Joonkyung Ha is Assistant Professor at the Division of Economics, Hanyang University; Yong Jin Kim isProfessor at the Division of Economics, Ajou University; and Jong-Wha Lee is Chief Economist of the
Asian Development Bank (ADB) and Head of ADB’s Ofce of Regional Economic Integration. The authors
are grateful to Sung Jin Kang, Hyun-Jeong Kim, and seminar participants at the Bank of Korea and Korea
University for helpful comments. The views expressed in this paper are those of the authors and do notnecessarily reect the views or policies of the ADB.