Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia
The international diffusion of technology presents an opportunity for developing economies distant from the world technological frontier to reduce their income gap relative to advanced economies. It is therefore crucial to understand why, when face...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/09/9813863/technology-adoption-investment-climate-firm-level-evidence-brfor-eastern-europe-central-asia-technology-adoption-investment-climate-firm-level-evidence-eastern-europe-central-asia http://hdl.handle.net/10986/6773 |
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okr-10986-6773 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO TECHNOLOGY ACCOUNTING ADVANCED TECHNOLOGY AVAILABILITY OF DATA BANK LOAN BEST PRACTICE BUSINESS ACTIVITIES BUSINESS ENTERPRISE BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUYERS CALCULATION CAPABILITIES CAPITAL GOODS CENTRAL ASIAN CERTIFICATES CODES COLLATERAL COMMUNICATION TECHNOLOGY COMMUNICATIONS NETWORK COMMUNICATIONS TECHNOLOGY COMPETITIVE ENVIRONMENT COMPETITIVENESS COMPETITOR COMPETITORS COMPUTER USE COMPUTERS CONSUMER CONSUMERS CONTRIBUTIONS CORPORATE CONTROL CREDITOR CURRENT PRICES CUSTOMS DEMOCRACY DEPRECIATION DIGITAL DIGITAL DIVIDE ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ELECTRICITY ENGINEERS ENTREPRENEURS ENTREPRENEURSHIP EQUIPMENT EXPANSION EXPORT MARKETS FINANCIAL IMPACT FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL RESOURCES FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS GLOBAL MARKETS GLOBAL SUPPLY CHAINS GOVERNMENT REGULATIONS HUMAN CAPITAL ICT IDS INCOME INCOME LEVELS INCOMES INDEXES INDUSTRY STANDARDS INFLATION INFORMATION TECHNOLOGY INNOVATION INSPECTIONS INSTITUTION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT JOINT VENTURE JOINT VENTURES KNOW-HOW LABOR FORCE LABOR MARKET LARGE FIRMS LEARNING LEGAL SYSTEM LEVEL OF EDUCATION LICENSES LITERACY LIVING STANDARDS LOAN MANAGEMENT SYSTEMS MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET ECONOMY MARKET INCENTIVE MARKET INCENTIVES MARKET SHARE MARKET SHARES MISSING VALUES MULTINATIONAL MULTINATIONAL CORPORATIONS NATURAL RESOURCES NETWORKS NEW TECHNOLOGIES NEW TECHNOLOGY OUTSOURCING PERMANENT WORKERS PHYSICAL INFRASTRUCTURE PRIVATE SECTOR PROBABILITY PROCESS INFORMATION PRODUCTION PROCESS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY LOSSES PROSPERITY QUALITY MANAGEMENT R&D REAL ESTATE REGULATORY ENVIRONMENT RENTS RESULT RESULTS RETAIL TRADE SALARIES SALES SCIENTISTS SENIOR SHAREHOLDER SHAREHOLDERS SKILLED WORKERS SMALLER FIRMS SOFTWARE DEVELOPMENT SOFTWARE SERVICE SOFTWARE SERVICE COMPANIES SOURCE OF INFORMATION STOCKS SUPPLIERS SYSTEM REQUIREMENTS TECHNICAL STANDARDS TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TECHNOLOGY DIFFUSION TECHNOLOGY SPILLOVERS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELEPHONE TELEPHONE LINES TELEPHONE SERVICE TRANSMISSION USERS USES VALUE CHAIN WAGES WEB |
| spellingShingle |
ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO TECHNOLOGY ACCOUNTING ADVANCED TECHNOLOGY AVAILABILITY OF DATA BANK LOAN BEST PRACTICE BUSINESS ACTIVITIES BUSINESS ENTERPRISE BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUYERS CALCULATION CAPABILITIES CAPITAL GOODS CENTRAL ASIAN CERTIFICATES CODES COLLATERAL COMMUNICATION TECHNOLOGY COMMUNICATIONS NETWORK COMMUNICATIONS TECHNOLOGY COMPETITIVE ENVIRONMENT COMPETITIVENESS COMPETITOR COMPETITORS COMPUTER USE COMPUTERS CONSUMER CONSUMERS CONTRIBUTIONS CORPORATE CONTROL CREDITOR CURRENT PRICES CUSTOMS DEMOCRACY DEPRECIATION DIGITAL DIGITAL DIVIDE ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ELECTRICITY ENGINEERS ENTREPRENEURS ENTREPRENEURSHIP EQUIPMENT EXPANSION EXPORT MARKETS FINANCIAL IMPACT FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL RESOURCES FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS GLOBAL MARKETS GLOBAL SUPPLY CHAINS GOVERNMENT REGULATIONS HUMAN CAPITAL ICT IDS INCOME INCOME LEVELS INCOMES INDEXES INDUSTRY STANDARDS INFLATION INFORMATION TECHNOLOGY INNOVATION INSPECTIONS INSTITUTION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT JOINT VENTURE JOINT VENTURES KNOW-HOW LABOR FORCE LABOR MARKET LARGE FIRMS LEARNING LEGAL SYSTEM LEVEL OF EDUCATION LICENSES LITERACY LIVING STANDARDS LOAN MANAGEMENT SYSTEMS MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET ECONOMY MARKET INCENTIVE MARKET INCENTIVES MARKET SHARE MARKET SHARES MISSING VALUES MULTINATIONAL MULTINATIONAL CORPORATIONS NATURAL RESOURCES NETWORKS NEW TECHNOLOGIES NEW TECHNOLOGY OUTSOURCING PERMANENT WORKERS PHYSICAL INFRASTRUCTURE PRIVATE SECTOR PROBABILITY PROCESS INFORMATION PRODUCTION PROCESS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY LOSSES PROSPERITY QUALITY MANAGEMENT R&D REAL ESTATE REGULATORY ENVIRONMENT RENTS RESULT RESULTS RETAIL TRADE SALARIES SALES SCIENTISTS SENIOR SHAREHOLDER SHAREHOLDERS SKILLED WORKERS SMALLER FIRMS SOFTWARE DEVELOPMENT SOFTWARE SERVICE SOFTWARE SERVICE COMPANIES SOURCE OF INFORMATION STOCKS SUPPLIERS SYSTEM REQUIREMENTS TECHNICAL STANDARDS TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TECHNOLOGY DIFFUSION TECHNOLOGY SPILLOVERS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELEPHONE TELEPHONE LINES TELEPHONE SERVICE TRANSMISSION USERS USES VALUE CHAIN WAGES WEB Correa, Paulo G. Fernandes, Ana M. Uregian, Chris J. Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia |
| geographic_facet |
Europe and Central Asia Eastern Europe Central Asia |
| relation |
Policy Research Working Paper No. 4707 |
| description |
The international diffusion of
technology presents an opportunity for developing economies
distant from the world technological frontier to reduce
their income gap relative to advanced economies. It is
therefore crucial to understand why, when faced with similar
technological alternatives different firms in different
countries choose to adopt different vintages of capital.
This paper examines technology adoption across firms in
Eastern Europe and Central Asia. The findings show that
access to complementary inputs - managerial capacity,
skilled labor, finance, and good infrastructure - and to
international knowledge - through foreign direct investment
or exports - is an important correlate of technology
adoption. The link between market incentives and technology
adoption is more nuanced. Although consumer pressure results
in technology adoption, competitor pressure does not,
suggesting that only firms with rents are able to adopt
technology given substantial resource constraints.
Privatized firms exhibit better technology adoption outcomes
but only when a clear private owner with a profit incentive
is present. Better governance is associated with technology
adoption only in the countries that joined the European
Union in 2004. Future increases in technology adoption by
firms in the region will require complementary reforms of
the investment climate. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Correa, Paulo G. Fernandes, Ana M. Uregian, Chris J. |
| author_facet |
Correa, Paulo G. Fernandes, Ana M. Uregian, Chris J. |
| author_sort |
Correa, Paulo G. |
| title |
Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia |
| title_short |
Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia |
| title_full |
Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia |
| title_fullStr |
Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia |
| title_full_unstemmed |
Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia |
| title_sort |
technology adoption and the investment climate : firm-level evidence for eastern europe and central asia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/09/9813863/technology-adoption-investment-climate-firm-level-evidence-brfor-eastern-europe-central-asia-technology-adoption-investment-climate-firm-level-evidence-eastern-europe-central-asia http://hdl.handle.net/10986/6773 |
| _version_ |
1764401046309830656 |
| spelling |
okr-10986-67732021-04-23T14:02:32Z Technology Adoption and the Investment Climate : Firm-Level Evidence for Eastern Europe and Central Asia Correa, Paulo G. Fernandes, Ana M. Uregian, Chris J. ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO TECHNOLOGY ACCOUNTING ADVANCED TECHNOLOGY AVAILABILITY OF DATA BANK LOAN BEST PRACTICE BUSINESS ACTIVITIES BUSINESS ENTERPRISE BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUYERS CALCULATION CAPABILITIES CAPITAL GOODS CENTRAL ASIAN CERTIFICATES CODES COLLATERAL COMMUNICATION TECHNOLOGY COMMUNICATIONS NETWORK COMMUNICATIONS TECHNOLOGY COMPETITIVE ENVIRONMENT COMPETITIVENESS COMPETITOR COMPETITORS COMPUTER USE COMPUTERS CONSUMER CONSUMERS CONTRIBUTIONS CORPORATE CONTROL CREDITOR CURRENT PRICES CUSTOMS DEMOCRACY DEPRECIATION DIGITAL DIGITAL DIVIDE E-MAIL ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ELECTRICITY ENGINEERS ENTREPRENEURS ENTREPRENEURSHIP EQUIPMENT EXPANSION EXPORT MARKETS FINANCIAL IMPACT FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL RESOURCES FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS GLOBAL MARKETS GLOBAL SUPPLY CHAINS GOVERNMENT REGULATIONS HUMAN CAPITAL ICT IDS INCOME INCOME LEVELS INCOMES INDEXES INDUSTRY STANDARDS INFLATION INFORMATION TECHNOLOGY INNOVATION INSPECTIONS INSTITUTION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT JOINT VENTURE JOINT VENTURES KNOW-HOW LABOR FORCE LABOR MARKET LARGE FIRMS LEARNING LEGAL SYSTEM LEVEL OF EDUCATION LICENSES LITERACY LIVING STANDARDS LOAN MANAGEMENT SYSTEMS MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET ECONOMY MARKET INCENTIVE MARKET INCENTIVES MARKET SHARE MARKET SHARES MISSING VALUES MULTINATIONAL MULTINATIONAL CORPORATIONS NATURAL RESOURCES NETWORKS NEW TECHNOLOGIES NEW TECHNOLOGY OUTSOURCING PERMANENT WORKERS PHYSICAL INFRASTRUCTURE PRIVATE SECTOR PROBABILITY PROCESS INFORMATION PRODUCTION PROCESS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY LOSSES PROSPERITY QUALITY MANAGEMENT R&D REAL ESTATE REGULATORY ENVIRONMENT RENTS RESULT RESULTS RETAIL TRADE SALARIES SALES SCIENTISTS SENIOR SHAREHOLDER SHAREHOLDERS SKILLED WORKERS SMALLER FIRMS SOFTWARE DEVELOPMENT SOFTWARE SERVICE SOFTWARE SERVICE COMPANIES SOURCE OF INFORMATION STOCKS SUPPLIERS SYSTEM REQUIREMENTS TECHNICAL STANDARDS TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TECHNOLOGY DIFFUSION TECHNOLOGY SPILLOVERS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELEPHONE TELEPHONE LINES TELEPHONE SERVICE TRANSMISSION USERS USES VALUE CHAIN WAGES WEB The international diffusion of technology presents an opportunity for developing economies distant from the world technological frontier to reduce their income gap relative to advanced economies. It is therefore crucial to understand why, when faced with similar technological alternatives different firms in different countries choose to adopt different vintages of capital. This paper examines technology adoption across firms in Eastern Europe and Central Asia. The findings show that access to complementary inputs - managerial capacity, skilled labor, finance, and good infrastructure - and to international knowledge - through foreign direct investment or exports - is an important correlate of technology adoption. The link between market incentives and technology adoption is more nuanced. Although consumer pressure results in technology adoption, competitor pressure does not, suggesting that only firms with rents are able to adopt technology given substantial resource constraints. Privatized firms exhibit better technology adoption outcomes but only when a clear private owner with a profit incentive is present. Better governance is associated with technology adoption only in the countries that joined the European Union in 2004. Future increases in technology adoption by firms in the region will require complementary reforms of the investment climate. 2012-05-31T18:53:39Z 2012-05-31T18:53:39Z 2008-09 http://documents.worldbank.org/curated/en/2008/09/9813863/technology-adoption-investment-climate-firm-level-evidence-brfor-eastern-europe-central-asia-technology-adoption-investment-climate-firm-level-evidence-eastern-europe-central-asia http://hdl.handle.net/10986/6773 English Policy Research Working Paper No. 4707 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Eastern Europe Central Asia |