Trends in the international flow of technology

International flows of technology are an essential element of the global network of international economic relations. Even in developed countries, the process of innovation - in addition to the search and learning efforts of individual firms - often involves inputs of knowledge, components, patents, know-how, etc., from other firms and other countries. Conversely, as was discussed in the introduction, technology is a decisive, intangible and often firm-specific asset whose benefits the firm seeks to appropriate for itself to the greatest extent possible. The commercial transfer of technology abroad is one of the means at the firm's disposal for exploiting this advantage. The ability of a country's enterprises to appropriate some rent from transferring technology abroad by whatever means can be interpreted as a measure of their past success in achieving international competitiveness.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals