Paper co-authored by Xiaolan Fu ranked among 'Most Cited Articles' in World Development
A paper co-authored by ODID's Professor Xiaolan Fu has been listed as the second most cited article published since 2011 in leading international development journal World Development.
The article, 'The Role of Foreign Technology and Indigenous Innovation in the Emerging Economies: Technological Change and Catching-up', was co-authored by Carlo Pietrobelli of the University of Rome and Luc Soete of UNU-MERIT.
The article explores in depth the role of indigenous and foreign innovation efforts in technological change and catching up and their interactions in the emerging economies.
It presents original evidence and argues that, despite the potential offered by globalization and a liberal trade regime, the benefits of international technology diffusion can only be delivered with parallel indigenous innovation efforts and the presence of modern institutional and governance structures and conducive innovation systems.
This conclusion is compounded by the expected inappropriateness of Northern technology for countries in the developing South that calls for greater efforts to develop indigenous innovation. In this sense, indigenous and foreign innovation efforts are complementary.