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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...

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Main Authors: Lee, Huay Huay, Tan, Hui Boon
Format: Article
Language:English
English
Published: Routledge 2006
Online Access:http://psasir.upm.edu.my/id/eprint/18128/1/Technology%20transfer%2C%20FDI%20and%20economic%20growth%20in%20the%20ASEAN%20region.pdf
http://psasir.upm.edu.my/id/eprint/18128/
http://dx.doi.org/10.1080/13547860600923593
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spelling my.upm.eprints.181282015-10-06T00:08:11Z http://psasir.upm.edu.my/id/eprint/18128/ Technology transfer, FDI and economic growth in the ASEAN region Lee, Huay Huay Tan, Hui Boon 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. Routledge 2006 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/18128/1/Technology%20transfer%2C%20FDI%20and%20economic%20growth%20in%20the%20ASEAN%20region.pdf Lee, Huay Huay and Tan, Hui Boon (2006) Technology transfer, FDI and economic growth in the ASEAN region. Journal of the Asia Pacific Economy, 11 (4). pp. 394-410. ISSN 1354-7860 http://dx.doi.org/10.1080/13547860600923593 doi:10.1080/13547860600923593 English
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
English
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.
format Article
author Lee, Huay Huay
Tan, Hui Boon
spellingShingle Lee, Huay Huay
Tan, Hui Boon
Technology transfer, FDI and economic growth in the ASEAN region
author_facet Lee, Huay Huay
Tan, Hui Boon
author_sort Lee, Huay Huay
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 2006
url http://psasir.upm.edu.my/id/eprint/18128/1/Technology%20transfer%2C%20FDI%20and%20economic%20growth%20in%20the%20ASEAN%20region.pdf
http://psasir.upm.edu.my/id/eprint/18128/
http://dx.doi.org/10.1080/13547860600923593
_version_ 1643826716002484224
score 13.211869

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