Abstract

The purpose of the paper is to analyse the role of international technology transfer (as part of an economic system) in the processes of creating and applying innovation, as well as the impact of technology on the efficiency of economic activity conducted by business entities. The study encompasses the economic activity of European Union countries and the companies functioning in the framework of national economic systems. The analysis was conducted by means of the soft modelling method. This method enabled to examine links between variables which are not directly observable in particular between international technology transfer and innovation. The results demonstrate that for countries relying on international technology transfer, being part of an economic system does have a positive impact on innovation. Thanks to international cooperation, companies (and countries in general) become more involved in innovation activity, which enhances their competitive position.

Highlights

  • Enterprises which implement active strategies of technological development have the greatest significance for the economy and ensure better conditions for the transformation of obtained technologies into new products or processes

  • The purpose of the paper is to analyse the role of international technology transfer in the process of creation and application of innovation, as well as the impact of technology on the efficiency of economic activity conducted by the business entities

  • The study encompasses the economic activity of European Union countries and the companies functioning in the framework of national economic systems

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Summary

Introduction

Enterprises which implement active strategies of technological development have the greatest significance for the economy and ensure better conditions for the transformation of obtained technologies into new products or processes. In European countries, for instance, processes of this kind occur extremely rarely, and enterprises typically use internal capacities for development (ownership-based cooperation between companies). The purpose of the paper is to analyse the role of international technology transfer (as a part of economic system) in the process of creation and application of innovation, as well as the impact of technology on the efficiency of economic activity conducted by the business entities. The study encompasses the economic activity of European Union countries and the companies functioning in the framework of national economic systems.

Determinants and consequences of technological flows
Research method
Specification of the soft model
Soft model estimation results
Conclusions
Full Text
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