This collection of essays examines the role of technology diffusion in national economies and international competition. Contributors discuss the market determinants of technological change, the importance of technology to foreign commerce, and the role of government in technological development.
Technology is an increasingly important factor in the competition between nations for international trade. It affects the range of products a country exports, the quality of these products, and the price for which they are sold. Unlike traditional, neo-classical theories of international trade and investment, which neglect this issue, Jorge Niosi and the contributing authors address it directly.