The Impact of Natural Resource Abundance of Channels Economic Freedom on Technology Spillovers the Selected Countries

Abstract:
Increasing role technology spillovers in increase competitiveness, innovation, production diversification increase product quality, improve distribution, increasing comparative advantages, finally achieving the economic goals achieved, and in addition to its importance internal technology highlights. Although technology transfer and absorption of import channel can effective instrument in economic growth and development countries to be considered. but technology spillover of channels import goods capital and intermediate means is not absorption technology spillover but also attract absorption technology spillover functions absorption capacity (human capital and technical knowledge) is. countries with resource abundance to support wealth natural potential are for the development human capital and technology spillover from business partners of channel imports goods intermediate and capital, but with careful examination of situation countries with natural resource abundance seen some of them successful in attracting technology spillovers some also have weak that it depend on situation institutional indicators such as economic freedom; because improving index of economic freedom makes proper use of exchange revenues derived from natural resources in order to promoting knowledge-based economy and improving absorption capacity technology spillover of channels imports goods intermediate and capital. So goal the present study is examines impact of natural resource abundance of channels economic freedom in selected countries with natural resource abundance during the period 1996-2014 using the Generalized Method of Moments (GMM). the estimation results, impact variables natural resource abundance of channel components economic freedom index, per capita income and inflation on absorption technology spillover is positive and significant.
Language:
Persian
Published:
Journal of Technology Development Management, Volume:3 Issue: 1, 2015
Pages:
151 to 178
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