Skip Navigation Links.
Collapse <span class="m110 colortj mt20 fontw700">Volume 12 (2024)</span>Volume 12 (2024)
Issue 2, Volume 12, 2024
Issue 1, Volume 12, 2024
Collapse <span class="m110 colortj mt20 fontw700">Volume 11 (2023)</span>Volume 11 (2023)
Issue 6, Volume 11, 2023
Issue 5, Volume 11, 2023
Issue 4, Volume 11, 2023
Issue 3, Volume 11, 2023
Issue 2, Volume 11, 2023
Issue 1, Volume 11, 2023
Collapse <span class="m110 colortj mt20 fontw700">Volume 10 (2022)</span>Volume 10 (2022)
Issue 4, Volume 10, 2022
Issue 3, Volume 10, 2022
Issue 2, Volume 10, 2022
Issue 1, Volume 10, 2022
Collapse <span class="m110 colortj mt20 fontw700">Volume 9 (2021)</span>Volume 9 (2021)
Issue 4, Volume 9, 2021
Issue 3, Volume 9, 2021
Issue 2, Volume 9, 2021
Issue 1, Volume 9, 2021
Collapse <span class="m110 colortj mt20 fontw700">Volume 8 (2020)</span>Volume 8 (2020)
Issue 3, Volume 8, 2020
Issue 2, Volume 8, 2020
Issue 1, Volume 8, 2020
Collapse <span class="m110 colortj mt20 fontw700">Volume 7 (2019)</span>Volume 7 (2019)
Issue 3, Volume 7, 2019
Issue 2, Volume 7, 2019
Issue 1, Volume 7, 2019
Collapse <span class="m110 colortj mt20 fontw700">Volume 6 (2018)</span>Volume 6 (2018)
Issue 4, Volume 6, 2018
Issue 3, Volume 6, 2018
Issue 2, Volume 6, 2018
Issue 1, Volume 6, 2018
Collapse <span class="m110 colortj mt20 fontw700">Volume 5 (2017)</span>Volume 5 (2017)
Issue 4, Volume 5, 2017
Issue 3, Volume 5, 2017
Issue 2, Volume 5, 2017
Issue 1, Volume 5, 2017
Collapse <span class="m110 colortj mt20 fontw700">Volume 4 (2016)</span>Volume 4 (2016)
Issue 6, Volume 4, 2016
Issue 5, Volume 4, 2016
Issue 4, Volume 4, 2016
Issue 3, Volume 4, 2016
Issue 2, Volume 4, 2016
Issue 1, Volume 4, 2016
Collapse <span class="m110 colortj mt20 fontw700">Volume 3 (2015)</span>Volume 3 (2015)
Issue 5, Volume 3, 2015
Issue 4, Volume 3, 2015
Issue 3, Volume 3, 2015
Issue 2, Volume 3, 2015
Issue 1, Volume 3, 2015
Collapse <span class="m110 colortj mt20 fontw700">Volume 2 (2014)</span>Volume 2 (2014)
Issue 6, Volume 2, 2014
Issue 5, Volume 2, 2014
Issue 3A, Volume 2, 2014
Issue 4, Volume 2, 2014
Issue 3, Volume 2, 2014
Issue 2, Volume 2, 2014
Issue 1, Volume 2, 2014
Collapse <span class="m110 colortj mt20 fontw700">Volume 1 (2013)</span>Volume 1 (2013)
Issue 6, Volume 1, 2013
Issue 5, Volume 1, 2013
Issue 4, Volume 1, 2013
Issue 3, Volume 1, 2013
Issue 2, Volume 1, 2013
Issue 1, Volume 1, 2013
Journal of Business and Management Sciences. 2016, 4(1), 7-11
DOI: 10.12691/JBMS-4-1-2
Original Research

The Impact of Technology and Innovation (Technovation) in Developing Countries: A Review of Empirical Evidence

Audrey Paul Ndesaulwa1, and Jaraji Kikula2

1Candidate Mzumbe University, Ministry of Finance, Tanzania

2Mzumbe University, Morogoro, Tanzania

Pub. Date: February 03, 2016

Cite this paper

Audrey Paul Ndesaulwa and Jaraji Kikula. The Impact of Technology and Innovation (Technovation) in Developing Countries: A Review of Empirical Evidence. Journal of Business and Management Sciences. 2016; 4(1):7-11. doi: 10.12691/JBMS-4-1-2

Abstract

Over the period since 1970s, developed countries have improved its relative productivity performance, but there remains a significant gap in market sector productivity between Developed and developing countries. Much of the gap between them is due to lower levels of capital intensity and skills. However, even taking these into account, there remains a significant gap. This reflects not just a weakness in high tech areas but an inability to absorb best-practice techniques and methods in wide swathes of the market sector. Part of this is due to a weakness in technological innovation despite a high quality science base. This includes comparatively low and falling levels of R&D and patenting as well as a distinct lag in the diffusion of innovations relative to other countries. This paper illustrates why technological innovation is considered as a major force in economic growth and focuses on some of the most distinctive features of innovation in the highly industrialized economies of the OECD area. In particular, the paper attempts to examine a primary single feature, “uncertainty” that dominates the search for new technologies by drawing several cases on the developed countries experience. It also touches on the impact of technological innovation in the developing countries and how it is transforming their business.

Keywords

innovation, technology, productivity growth, technovation

Copyright

Creative CommonsThis work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References

[1]  Atalay. (2013). The Relationship between Innovation and Firm Performance: An emperical evidence frm Turkish Automotive Supplier Industry. Proceedia social and Behaviour Science, 75, 226-235.
 
[2]  Bank, W. (2013). What makes a good science and technology project: commissioned consultant report.
 
[3]  Bean, C. a. C. (1996). British Economic Growth since 1945: Relative Economic Decline and Renaissaance. In C. a. Toniolo (Ed.), Economic growth in Europe since 1945 Cambridge. Cambridge University: Press for centre for Economic Policy Research.
 
[4]  Bresnah, B. a. H. (1998). Information Technology workplace Organizatio and the Demand for skilled Labour Firm-Level Evidence NBER Working paper.
 
[5]  Cohen. (1995). Innovation, Firm size and Market Structure (pp. 42). London School of Economics.
 
[6]  Freeman. (2014). The management of innovation and Technology. Journal of Innovation and Technology.
 
[7]  Godenberg, K. (2001). Active Transportation and Physical Activity. Journal of Technology, 38, 20.
 
[8]  Hassan. (2013). SCM and Organizational performance: Strategy and Innovation Aspect. (Ph.D), University of Engineering and Technology, Lahore.
 
[9]  Industry, D. o. T. a. (2000). Our Competitive Future.UK Competitiveness Indicator. Lonon: HMSO.
 
[10]  John, S. a. (2001). Technological Innovation and Ecoonomic Peformance United Kingdom Journal of Technology.
 
[11]  Kuswantoro. (2012). Impact of Distribution Channel Innovation on the Performance of Small and Medium Entreprices. International Business and Management, 15, 50-60.
 
[12]  Malecki, E. J. (1991). Technology and Economic Development: The Dynamic of Local, Regional and National Change. England: Longman.
 
[13]  Marsh, P. (2012). The New industrial Revolution: Consumers, Globalization and the End of mass Production New Haven. Yale University Press.
 
[14]  Mirani, L. (2013). 'China's internet is better than yours' Retrieved 29 March.
 
[15]  Morries, I. (2010). Why the west Role - For Now: London.
 
[16]  OECD. (2015a). Historical statistics Paris OECD.
 
[17]  OECD. (2015b). Innovation In Science Technology and Industry. Intenational Conference on Innovation for Inclusive Growth, 2.
 
[18]  Rixse, J. (2015). Engineering/Technical Educationfor Developing Countries' Need (Vol. E - 21): IEEE Transaction on Education.
 
[19]  Rogers, E. M. (1962). Diffusion of Innovations. Glencoe: Free Press.
 
[20]  Rosnah, M., Lo,W Hashmi. (2005). Advanced manufacturing technologies in SMEs. CACCI Journal.
 
[21]  Sabrahmanya, M. H. B. (2014). Technological Innovation and Comprtitiveness in the Global Economy. Asian Journal of Technology Management, 6, 21.
 
[22]  Sattari. (2013). Identification of Innovative Marketing Strategies to Increase the Performance of Small and Medium Entreprices in Iran. International Journal of Fundamental Pyschology and Social Sciences, 3(2), 26 - 30.
 
[23]  Schmookler, J. (1966). Invention and Ecomnomic Growth. (1st ed.). United States of America: Harvard University Press.
 
[24]  Schumpeter, J. (1934). The Theory of Economic Development. Boston: Havard University Press.
 
[25]  Smith, R. (2014). Five Patterns of the chief TechnologyOfficer.
 
[26]  Stoneman. (1999). The Economic Analysis of Technolgical Difussion. University of Warwick: Mimeo.
 
[27]  Szirmai, A. (2014). The Dynamic of socio - Economic Development (2nd revised edition ed.). Cambridge: Cambridge University Press.
 
[28]  Terziovski. (2010). Innovation and its Performance Implication in Small and Medium Entreprices in Manufacturing Sector: A resource based view. Strategic Management Journal, 31(8), 892 - 902.
 
[29]  UN. (2015). Science, technology and innovation for sustainable development in the global patnership for development beyond 2015: UN SYSTEM TASK TEAM ON THE POST UN DDEVELOPMENT AGENDA. United Nations.
 
[30]  Wagner, S. a. (1987). The matched plant studies carried out in the 1980s and 1900s The National Institute of Social and Economice Research.
 
[31]  William, J. a. J. (1998). Oxford English Dictionary. United Kingdom: Oxford Universuty Press.