Intern Ational Economic Journ Al
نویسندگان
چکیده
Fi rms in the LDCs need to adopt and indige n i ze tra n s fe rred tech n o l ogy befo re u s age. The adoption costs depend on the state of the infra s t ru c t u re and on the l o c a l i zed spillover effects ge n e rated by a rival fi rm. In this context, the pap e r examines the timing of such technological adoption. It shows that strategic decisions regarding time may result in a “waiting game” where, in equilibrium, the efficient firm p re fe rs to adopt after its less efficient rival, thus delaying the speed of tech n o l ogy transfer. The paper also shows that under certain conditions, technology transfer may not take place within the planning horizon. [01, L1, F1]
منابع مشابه
H I S Torical Not E
The present edition brings up to date the one published in 1961 wh i ch included the re c o m m e n d ations adopted by the Intern at i o n a l C o n fe rence on Public Education f rom 1934 to 1960. By adding the t ext of the re c o m m e n d ations of the subsequent sessions , f rom 1961 to 1968, this col lection endeavo u rs to give an ove r-all view of the I n t e rn ational Bureau of Educat...
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