Numerous countries in the global south, particularly in Africa, Latin America, and south Asia, have struggled to grasp the technology transfer process. In these countries, technology conceptions, incubation, and entrepreneurship, as well as startup drafts left on desks prior to initial trial and implementation— Why? Probably. Keeping in your mind the political ecosystem and economic instability are two issues that these countries frequently confront, while other world leading nations' occasionally face, too. What, in your thinking, are the causes behind this failure? And how do they uproot the root causes--either in collaboration or independently?
1.Why?
2. Why?
3. Why?
What lesson left over from Asian tigers catch up development to the rest of the world--herein?
Dear Haimanot,
Yes, that's right. The key factor of economic development is the wealth of the economy and economic entities in particular categories of production factors, including production factors and / or resources enabling the offering of specific services. According to the first trend in the history of economic thought, the school of classical economics includes various resources, raw materials, processed factors of production, etc. classified under three headings: land, labor, capital, among the three key categories of production factors. However, during the 3rd technological revolution in the second half of the 20th century, the development of information technology, ICT information technologies, the development of information and other services based on these technologies, followed by the development of the Internet and other types of technologies, including Industry 4.0, technologies typical of the current fourth technological revolution ( e.g. robotics, artificial intelligence, learning machines, Internet of Things, smart technologies, cloud computing, computerized multidimensional simulation models, Blockchain etc.) this three-element classification of production factors (factors of economic growth) has proved insufficient. In the context of neoclassical trends in economic thought that have been developing since the 1970s, the growing importance of such factors of production processes as: technology, information, data, innovation, entrepreneurship is indicated. In developing economies that aspire to become rich and fully developed economies in the future, having advanced, modern technologies of production and / or offering services is a particularly important development factor. Developing economies are also often knowledge-based economies. In knowledge-based economies, new technologies are becoming one of the key factors of production, economic development and comparative advantage. First of all, information technologies and Industry 4.0. As a result, international technology transfer is sometimes deliberately restricted. On the other hand, internationally operating forms of technology significantly contribute to technology transfer through direct investment carried out in other countries. The pandemic, through the increase in the scale of digitization and internationalization of economic processes, could accelerate this kind of cross-border flow of knowledge and information regarding the methods and techniques of production processes and offering services. Moreover, the ongoing economic and information globalization is also a factor accelerating the processes of cross-border transfer of new technologies. In addition, in the face of growing global problems, such as the health crisis caused by the SARS-CoV-2 (Covid-19) coronavirus pandemic, the growing climate crisis caused by climate change, the progressing global warming process, more frequent droughts and forest fires, increasing environmental pollution, etc. international cooperation should be developed in order to increase the effectiveness of solving global problems of civilization development. As part of this cooperation, new eco-innovations and pro-environmental technologies should be implemented into production processes as soon as possible and should be disseminated on a global scale. The current and future climate change, the growing global climate crisis, like the pandemic, is a global problem. Therefore, solving this kind of key global problems of the development of civilization, creating new, effective instruments for solving these global problems should also be carried out at the international and global level. Therefore, new technologies that are used to solve these global problems should also be available to all countries of the world. In 2020, the SARS-CoV-2 (Covid-19) coronavirus pandemic caused a deep economic crisis in the economies of many countries. The scale of the crisis was very diversified depending on the branch and sector structure of the economy. In 2021, thanks to the interventionist, anti-crisis instruments of public aid offered to enterprises and companies in crisis, it was possible to quickly lead the economies out of the economic crisis of 2020. One of the important factors of anti-crisis state aid are also targeted subsidies for the implementation of new investment projects in which modern technologies are used. Efficiently applied anti-crisis programs of socio-economic policy contribute to the growth of entrepreneurship and innovation of companies, enterprises and other types of economic entities. However, on a supra-national scale, international trade wars are still waged between some of the world's major economies, and barriers to the transfer of modern technologies and the flow of production factors are still applied. Such restrictive measures contribute to a slowdown in economic development and limited availability of new technologies for developing countries. On the other hand, globally operating international corporations and the information globalization developing thanks to the Internet contribute to the dissemination of technology on an international scale.
Best regards,
Dariusz
Yope, right. Let's educate population of developing countries and transfer hitec technologies!
Dears Dariusz Prokopowicz and Ladislav Rozenský ,
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Thank you so much for sharing your thoughts and expertise generously.
Dear Dariusz, I will have something to say in support of your discussion a head.
This helps me a lot. Let's share more points please.
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Kindly,
Haimanot
The question is naive.
The point is not the difficulty of some countries to "digest" part of the technological development, but the willingness to hold back the technological development of these countries (and others).
You have to remember what happened to some North African countries, in the recent past, which tried to free themselves from the technology transfer of those other countries.
To enable successful transfer of technology, the ecosystem must be right. Technology must be tailored to the stage of development of the country and the people's ability to use them. The people must have the necessary skills to adept the technology, modified and recast it to the industry needs of the country. The follow up in terms of repairs and maintenance is important.
Technol transfer requires mapping - Technology, education, and policy together. The Mission Framework describes this and few have answered this problem. I advocate for education in my framework on developing countries. press: https://jamaica-gleaner.com/article/news/20220111/growth-jobs-cybersecurity-skills-drive-economic-growth-study
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