A Technology Acquisition Model: the role of learning and innovation
Watu Wamae
#2006-022
This paper theoretically analyses the dynamics of knowledge accumulation
with the aim of understanding how developing economies can effectively
engage in the process of knowledge accumulation. The main focus is on
the complementarity between competence building and innovation. Our
analysis is based on a simple standard economics model for the sake of
clarity in understanding the link between the need for collaboration and
competition in the innovation process at the national level. We find
that the importance of developing an absorptive capacity in the
knowledge generation process cannot be over-emphasized.
Keywords: absorptive capacity, competences, domestic innovation,
developing countries
JEL: O11, O30, O40
ISSN 1871-9872