The effects of foreign R&D and triadic patent propensity on developing economies efficiency and convergence

Rozilee Asid, Noor Aini Khalifah

Research output: Contribution to journalArticle

Abstract

This research relies on the theory of endogenous growth, where the role of foreign imported capital and triadic patent propensity is assumed to endogenously determine the growth process of a group of 36 developing and emerging economies for the years 1990-2010. Our results confirm the monotonicity hypothesis from both foreign imported technology and triadic patent propensity toward technical efficiency improvement with no indication of pure TFP growth. The results indicate that initial foreign capital and initial triadic patent propensity only minimally improve the technical efficiency change for a small number of economies with nearly halve of the sample deviating from the convergence point.

Original languageEnglish
Pages (from-to)107-124
Number of pages18
JournalJurnal Ekonomi Malaysia
Volume50
Issue number2
DOIs
Publication statusPublished - 2016

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Developing economies
Patents
Propensity
Technical efficiency
Foreign capital
Monotonicity
Emerging economies
Endogenous growth
Efficiency change
TFP growth

Keywords

  • Convergence
  • Efficiency
  • Foreign technology
  • Stochastic frontier analysis
  • Triadic patent propensity

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)

Cite this

The effects of foreign R&D and triadic patent propensity on developing economies efficiency and convergence. / Asid, Rozilee; Khalifah, Noor Aini.

In: Jurnal Ekonomi Malaysia, Vol. 50, No. 2, 2016, p. 107-124.

Research output: Contribution to journalArticle

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