Technology transfer, FDI and economic growth in the ASEAN region
The aim of this study was to investigate the intensity of international technology transfer in selected ASEAN economies through import of machinery and foreign direct investment. The technology transfer intensities across the ASEAN economies vary substantially, with Singapore leading among the four...
Saved in:
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Conference paper |
| Published: |
Routledge
2023
|
| Subjects: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my.uniten.dspace-29802 |
|---|---|
| record_format |
dspace |
| spelling |
my.uniten.dspace-298022023-12-28T16:57:43Z Technology transfer, FDI and economic growth in the ASEAN region Lee H.H. Tan H.B. 15063007900 7403011313 Foreign direct investment Knowledge spillover Technology transfer Trade Asia Eurasia Far East Indonesia Japan Malaysia North America Singapore [Southeast Asia] Southeast Asia Thailand United States ASEAN development strategy economic development economic growth financial crisis financial policy foreign direct investment technology transfer The aim of this study was to investigate the intensity of international technology transfer in selected ASEAN economies through import of machinery and foreign direct investment. The technology transfer intensities across the ASEAN economies vary substantially, with Singapore leading among the four selected economies, followed by Malaysia, Thailand, and Indonesia. The intensities of foreign direct investment (FDI) inflows into the region is closely related to the levels of technology transfer to the region. It is observed that the Asian financial crisis did alter the concentration of FDI inflows in these countries. The data also show that the ratios suffered a setback in the year after 1998. After this setback, both Malaysia and Singapore gained momentum again in attracting inflows of FDI, almost double the ratio of 1998. This indicates that Malaysia and Singapore were the most successful among the selected ASEAN countries in tapping the benefits of FDI and technological transfers with good strategies and policies. In contrast, Indonesia faced a continuing outflow of FDI since the crisis, yielding a negative impact on its economic activities. Among nations, Japan and the United States are the two dominant FDI providers for the ASEAN region, and they have contributed substantially in the transfer of technologies into the region. Final 2023-12-28T08:57:43Z 2023-12-28T08:57:43Z 2006 Conference paper 10.1080/13547860600923593 2-s2.0-33751014538 https://www.scopus.com/inward/record.uri?eid=2-s2.0-33751014538&doi=10.1080%2f13547860600923593&partnerID=40&md5=a5b8dfe4e9089c6439753eb6132bfca7 https://irepository.uniten.edu.my/handle/123456789/29802 11 4 394 410 All Open Access; Green Open Access Routledge Scopus |
| institution |
Universiti Tenaga Nasional |
| building |
UNITEN Library |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Tenaga Nasional |
| content_source |
UNITEN Institutional Repository |
| url_provider |
http://dspace.uniten.edu.my/ |
| topic |
Foreign direct investment Knowledge spillover Technology transfer Trade Asia Eurasia Far East Indonesia Japan Malaysia North America Singapore [Southeast Asia] Southeast Asia Thailand United States ASEAN development strategy economic development economic growth financial crisis financial policy foreign direct investment technology transfer |
| spellingShingle |
Foreign direct investment Knowledge spillover Technology transfer Trade Asia Eurasia Far East Indonesia Japan Malaysia North America Singapore [Southeast Asia] Southeast Asia Thailand United States ASEAN development strategy economic development economic growth financial crisis financial policy foreign direct investment technology transfer Lee H.H. Tan H.B. Technology transfer, FDI and economic growth in the ASEAN region |
| description |
The aim of this study was to investigate the intensity of international technology transfer in selected ASEAN economies through import of machinery and foreign direct investment. The technology transfer intensities across the ASEAN economies vary substantially, with Singapore leading among the four selected economies, followed by Malaysia, Thailand, and Indonesia. The intensities of foreign direct investment (FDI) inflows into the region is closely related to the levels of technology transfer to the region. It is observed that the Asian financial crisis did alter the concentration of FDI inflows in these countries. The data also show that the ratios suffered a setback in the year after 1998. After this setback, both Malaysia and Singapore gained momentum again in attracting inflows of FDI, almost double the ratio of 1998. This indicates that Malaysia and Singapore were the most successful among the selected ASEAN countries in tapping the benefits of FDI and technological transfers with good strategies and policies. In contrast, Indonesia faced a continuing outflow of FDI since the crisis, yielding a negative impact on its economic activities. Among nations, Japan and the United States are the two dominant FDI providers for the ASEAN region, and they have contributed substantially in the transfer of technologies into the region. |
| author2 |
15063007900 |
| author_facet |
15063007900 Lee H.H. Tan H.B. |
| format |
Conference paper |
| author |
Lee H.H. Tan H.B. |
| author_sort |
Lee H.H. |
| title |
Technology transfer, FDI and economic growth in the ASEAN region |
| title_short |
Technology transfer, FDI and economic growth in the ASEAN region |
| title_full |
Technology transfer, FDI and economic growth in the ASEAN region |
| title_fullStr |
Technology transfer, FDI and economic growth in the ASEAN region |
| title_full_unstemmed |
Technology transfer, FDI and economic growth in the ASEAN region |
| title_sort |
technology transfer, fdi and economic growth in the asean region |
| publisher |
Routledge |
| publishDate |
2023 |
| _version_ |
1806428057431441408 |
| score |
13.211869 |