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The Optimal Structure of Technology Adoption and Creation: Basic Research vs. Development in the Presence of Distance to Frontier

The Optimal Structure of Technology Adoption and Creation: Basic Research vs. Development in the Presence of Distance to Frontier

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This paper presents a theoretical model and empirical evidence to explain the observation that a country in which the level of technology approaches the technology frontier tends to rely more on technology creation than adoption.
This paper presents a theoretical model and empirical evidence to explain the observation that a country in which the level of technology approaches the technology frontier tends to rely more on technology creation than adoption.

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Published by: Asian Development Bank on Aug 15, 2013
Copyright:Attribution Non-commercial

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08/25/2013

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 ADB Economics Working Paper Series
 The Optimal Structure o Technology Adoptionand Creation: Basic Research vs. Developmentin the Presence o Distance to Frontier
Joonkyung Ha, Yong Jin Kim, and Jong-Wha LeeNo. 163 | June 2009
 
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
June 2009
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 Ofce 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 reect the views or policies of the ADB.

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