Technology Transfer Investment Research Articles

Prospects of foreign direct investments in technology transfer

The authors investigated the impact of foreign direct investment on economically developed and developing countries, and also on transition economy countries as far as technology transfer is concerned. The results show a significant foreign direct investment influence on the economic growth of developing countries and transition economy countries. The present paper examines inflows of inward Foreign Direct Investment (FDI) during 2005-2016. There has been research conducted on the determinants of FDI inflows for developed and developing countries, but little has been done concerning this issue especially in the case of transition economies. The authors consider the possibilities the FDI inflows from investor-countries in the area of innovation and technology transfer in the years 2010-2015. In this case, Asia deserves attention. FDI allows technology transfer from developed countries to further extract surplus from the developing countries and transition countries.

Academic spinoffs as a value driver for intellectual capital: the case of the University of Pisa

PurposeThe purpose of this paper is to discuss academic spinoffs (ASO) as an expression of the value creation of university technology transfer (TT) investments. More recently, scholars have emphasised intellectual capital’s (IC) importance, also for universities in obtaining competitive advantages and by creating value. Such spinoffs are key to regional development, as a primary aspect of universities’ IC.Design/methodology/approachThe authors tested the aim through a sample of the University of Pisa’s spinoffs. The authors measured the value the university’s third mission investment generates on the area by means of entrepreneurship through two different approaches. First, the authors defined a multiplier of the TT investment (university TT multiplier) and then explored the IC components’ contributions to the ASOs’ enterprise value (EV).FindingsThe results show that the University of Pisa’s TT investments positively impact the local community through the spinoff system, both in economic terms and in IC. In the long term, these investments can enrich scientific humus and entrepreneurial mindsets.Research limitations/implicationsThis is an exploratory study of the University of Pisa’s impacts on the local economy. The results are limited to the context of Pisa and to the TT policy. Another limitation is the subjectivity of the EV estimation.Practical implicationsThe results can have some practical implications. The large portfolio of university stakeholders (policymakers, families, students, companies, financiers, etc.) ask for information, especially on long-term results: in a simple way, the multiplier is able to communicate important feedbacks to support their decision-making process.Social implicationsWith the multiplier, the authors give a tool to measure the social enrichment.Originality/valueIn the study, the authors propose a new tool to measure the impact of the investment in TT on the local community.

Is the risk of North–South technology transfer failure an obstacle to a cooperative climate change agreement?

We setup a stylized model with endogenous North–South technology transfer for climate change mitigation. We theoretically identify the driving factors that enhance or hinder cooperation with socially optimal binding targets on emissions and on investment in technology transfer. We find that the risk of technology transfer failure creates an obstacle to the achievement of the cooperative agreement: under cooperation, the South will have to fulfill the emissions target at high costs if technology transfer fails. Under non-cooperation without any binding targets, the North still has an intrinsic motivation to reduce emissions in the South at low costs via technology transfer; and the South does not have the pressure to fulfill an emissions target. As a result, non-cooperation shifts part of the costs of a technology transfer failure from the poor South to the rich North and can thus be preferable for the South. Two policy implications for achieving the cooperative solution are derived: first, the South should be insured against or compensated for a technology transfer failure. Second, an agreement on technology transfer should be formulated in terms of emissions reductions or low-carbon technology capacities that are to be achieved rather than in terms of monetary payments with uncertain effects on emissions. We discuss the model results in the context of empirical facts and current developments.

Rice yields and yield gaps in Southeast Asia: Past trends and future outlook

Rice production must increase to meet future food requirements amid strong competition for limited resources. Yield gap analysis is a useful method to examine how large the ranges are between potential, desirable rice yields and those actually realized in farmers’ fields. We analyzed farmers’ yields in wet and dry seasons in four intensively cropped rice areas in Southeast Asia and explored opportunities for reducing the yield gap to meet future food requirements. We found yield gaps of 2.0–5.0 t ha −1 between average and climatic yield potential and 1.2–2.6 t ha −1 between average and best farmers’ yields. In relative terms, average yields varied between 43% and 75% of the climatic yield potential and 61% and 83% of the best farmers’ yields. Farmers with best yields were generally more educated, and used fertilizers and labor more efficiently than average farmers. The yield gaps between average and best farmers’ yields are higher in rice-importing countries (Indonesia and Philippines) compared with rice-exporting countries (Thailand and Vietnam). Assuming no change in diet, closing the existing yield gap between average and best-yielding farmers can sufficiently cover the yield increase needed for 2050 in the three countries, except for the Philippines, where yield increase must be even higher. Trend analysis of yield increases of a population of farmers in Central Luzon (Philippines), which included a learning curve analysis, well described the process of technology adoption from 1966 to 2008, leading to higher yields. Using this analysis, for the Philippines, we predicted yields to increase (from 2007/2008 to 2050) by only 18% with current cultivars, production technologies, and prevailing conditions. Therefore, structural changes are needed to boost farmers’ yields to close the yield gap faster. Investments in technology transfer and institutional arrangements are suggested.

Trade and Innovation

This study examines the role of trade and investment in technology transfer, the effects of competition in trade and investment on innovation, and economies of scale. It also examines global value chains as an organisational innovation in its own right, which is supported by a freer trade and investment environment. Keywords: innovation, multinational enterprises, MNEs, global value chains, technology transfer, competition, scale economies, licensing, intellectual property rights, TRIPs, absorption capacity, Doha Development Agenda.

Beyond Technology Transfer: US State Policies to Harness University Research for Economic Development

This paper examines the recent history of State-level policies in the United States for knowledge-based economic development, and identifies an emerging model based on technology creation. This new model goes beyond traditional investments in technology transfer and prioritizes cutting-edge scientific research in economically relevant fields. As research-intensive universities are indispensable for technology creation, these policies have yielded substantial new investments in university science.