We employ a dataset of automobile emission standards between 1992 and 2007 and corresponding data on cross-border patent inflows of technologies developed to comply with these standards.
Chinese academics and industrialists say that if China is to maintain its annual economic growth rate of 7 or 8 percent, it needs a steady inflow of new technology.
When it opened up to private investment under Mr Yeltsin, it saw a huge inflow of modern technology and management talent, causing a dramatic leap in production which has now been put in jeopardy by Mr Putin's crackdown on the sector.Similarly, other parts of the world are still "under-rigged" and under-examined.
These findings are consistent with (1) the industrial trend that the Myanmar software industry is still in its infancy as a result of years of isolation that restricted inflow of IT technologies, personnel, and tech firms from more developed foreign countries and (2) the fact that the Singapore software industry is more developed than Malaysia.
Inflow of capital and technology could lead to new industrial infrastructure in Chabahar".
What it should mean is sustainable growth through an inflow of innovation and technology so the country can promote long-term growth rather than financial bubbles.
Further, the development of the Myanmar software industry was hampered by decades of isolation and economic sanctions that restricted inflows of IT technologies, personnel, and tech firms from more developed countries.
In addition, foreign direct investment (FDI) is considered as one of the major conduits of technology diffusion across borders since the inflow of FDI contains knowledge about new technologies and materials, production methods, or organizational management skills (Bodman and Le 2013).
Technophobia- Fear of technology.
Managing Director of Technology.
