Abstract
This paper provides a review of the roles of knowledge access and learning as determinants of technological catch-up and focuses on the relationship between the quantifiable measures of elements of the knowledge regimes of sectors and the possibility of catch-up. Catching-up implications of the various elements of knowledge regimes are discussed, after grouping them into two categories: those related to accessibility to the foreign knowledge base (degree of embodied technology transfer and modularity) and those related to the learning possibilities (tacitness of knowledge and cycle time of technologies). We find that catch-up possibilities are positively linked to the accessibility to foreign knowledge base, the degree of embodied technology transfer, and modularity and that a higher degree of knowledge tacitness tends to interfere with learning possibility while the impact of cycle time of technologies would be dubious depending upon the absorption capacity of the latecomers. It is also pointed out that the impact of the knowledge regimes would be different on different types of firms. Policy implications and remaining issues are discussed.
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