The influences of technology development on economic performance-The example of ASEAN countries

Tai-Yue Wang, Shih Chien Chien

Research output: Contribution to journalArticle

34 Citations (Scopus)

Abstract

In this paper, we propose a research framework to discuss the relationships between technology development (TD) and economic performance (EP) for The Association of Southeast Asian Nations (ASEAN) countries. A lot of researchers have in the past focused on technology transfer, technology acquisition, and technology management in this region. Though some researchers have discussed the relationships between information and communication technology (ICT) and economic growth in developed countries, seldom have studies been conducted to consider the issue of the influences of TD on EP in developing and less-developed countries. In this study, a cluster analysis on TD achievements is used to distinguish the different patterns of such influences in the ASEAN area. Variations between TD and EP are detected using the rank correlations and strategic grid methods. The first method explains the matching levels between each sub-category; the second method divides the TD performance into four types (fitting type, retuning type, inadequate type, and ignoring type), thus, explains the relative performance of ASEAN countries we studied. All of the survey data are compared with those from International Monetary Fund (IMF), World Bank (WB), and Asia Development Bank (ADB) databases and are thus confirmed to be factual. The results show that most of the sub-categories of TD in pattern 1 countries (Singapore, Malaysia, and Brunei) exhibit positive correlations with those of EP (except the information technology sub-category). Singapore and Malaysia (of the fitting type) perform at a higher level on both TD and EP relative to other ASEAN countries. In contrast, all sub-categories of TD in pattern 2 countries (Thailand, Indonesia, Philippines, Cambodia, Laos, Myanmar, and Vietnam) show lower or negative correlations with the domestic economy and government efficiency sub-categories EP. Finally, this research can provide ASEAN countries with a roadmap on how to move from pattern 2 to pattern 1 and how to shift from being of the ignoring type to the fitting type in the future.

Original languageEnglish
Pages (from-to)471-488
Number of pages18
JournalTechnovation
Volume27
Issue number8
DOIs
Publication statusPublished - 2007 Aug 1

Fingerprint

Economics
Economic performance
Technology development
Asia
Technology transfer
Cluster analysis
Information technology
Communication
Malaysia
Singapore

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Management of Technology and Innovation

Cite this

@article{44d9109bc0e24f8e920bfc7583c72c76,
title = "The influences of technology development on economic performance-The example of ASEAN countries",
abstract = "In this paper, we propose a research framework to discuss the relationships between technology development (TD) and economic performance (EP) for The Association of Southeast Asian Nations (ASEAN) countries. A lot of researchers have in the past focused on technology transfer, technology acquisition, and technology management in this region. Though some researchers have discussed the relationships between information and communication technology (ICT) and economic growth in developed countries, seldom have studies been conducted to consider the issue of the influences of TD on EP in developing and less-developed countries. In this study, a cluster analysis on TD achievements is used to distinguish the different patterns of such influences in the ASEAN area. Variations between TD and EP are detected using the rank correlations and strategic grid methods. The first method explains the matching levels between each sub-category; the second method divides the TD performance into four types (fitting type, retuning type, inadequate type, and ignoring type), thus, explains the relative performance of ASEAN countries we studied. All of the survey data are compared with those from International Monetary Fund (IMF), World Bank (WB), and Asia Development Bank (ADB) databases and are thus confirmed to be factual. The results show that most of the sub-categories of TD in pattern 1 countries (Singapore, Malaysia, and Brunei) exhibit positive correlations with those of EP (except the information technology sub-category). Singapore and Malaysia (of the fitting type) perform at a higher level on both TD and EP relative to other ASEAN countries. In contrast, all sub-categories of TD in pattern 2 countries (Thailand, Indonesia, Philippines, Cambodia, Laos, Myanmar, and Vietnam) show lower or negative correlations with the domestic economy and government efficiency sub-categories EP. Finally, this research can provide ASEAN countries with a roadmap on how to move from pattern 2 to pattern 1 and how to shift from being of the ignoring type to the fitting type in the future.",
author = "Tai-Yue Wang and Chien, {Shih Chien}",
year = "2007",
month = "8",
day = "1",
doi = "10.1016/j.technovation.2007.04.006",
language = "English",
volume = "27",
pages = "471--488",
journal = "Technovation",
issn = "0166-4972",
publisher = "Elsevier Limited",
number = "8",

}

The influences of technology development on economic performance-The example of ASEAN countries. / Wang, Tai-Yue; Chien, Shih Chien.

In: Technovation, Vol. 27, No. 8, 01.08.2007, p. 471-488.

Research output: Contribution to journalArticle

TY - JOUR

T1 - The influences of technology development on economic performance-The example of ASEAN countries

AU - Wang, Tai-Yue

AU - Chien, Shih Chien

PY - 2007/8/1

Y1 - 2007/8/1

N2 - In this paper, we propose a research framework to discuss the relationships between technology development (TD) and economic performance (EP) for The Association of Southeast Asian Nations (ASEAN) countries. A lot of researchers have in the past focused on technology transfer, technology acquisition, and technology management in this region. Though some researchers have discussed the relationships between information and communication technology (ICT) and economic growth in developed countries, seldom have studies been conducted to consider the issue of the influences of TD on EP in developing and less-developed countries. In this study, a cluster analysis on TD achievements is used to distinguish the different patterns of such influences in the ASEAN area. Variations between TD and EP are detected using the rank correlations and strategic grid methods. The first method explains the matching levels between each sub-category; the second method divides the TD performance into four types (fitting type, retuning type, inadequate type, and ignoring type), thus, explains the relative performance of ASEAN countries we studied. All of the survey data are compared with those from International Monetary Fund (IMF), World Bank (WB), and Asia Development Bank (ADB) databases and are thus confirmed to be factual. The results show that most of the sub-categories of TD in pattern 1 countries (Singapore, Malaysia, and Brunei) exhibit positive correlations with those of EP (except the information technology sub-category). Singapore and Malaysia (of the fitting type) perform at a higher level on both TD and EP relative to other ASEAN countries. In contrast, all sub-categories of TD in pattern 2 countries (Thailand, Indonesia, Philippines, Cambodia, Laos, Myanmar, and Vietnam) show lower or negative correlations with the domestic economy and government efficiency sub-categories EP. Finally, this research can provide ASEAN countries with a roadmap on how to move from pattern 2 to pattern 1 and how to shift from being of the ignoring type to the fitting type in the future.

AB - In this paper, we propose a research framework to discuss the relationships between technology development (TD) and economic performance (EP) for The Association of Southeast Asian Nations (ASEAN) countries. A lot of researchers have in the past focused on technology transfer, technology acquisition, and technology management in this region. Though some researchers have discussed the relationships between information and communication technology (ICT) and economic growth in developed countries, seldom have studies been conducted to consider the issue of the influences of TD on EP in developing and less-developed countries. In this study, a cluster analysis on TD achievements is used to distinguish the different patterns of such influences in the ASEAN area. Variations between TD and EP are detected using the rank correlations and strategic grid methods. The first method explains the matching levels between each sub-category; the second method divides the TD performance into four types (fitting type, retuning type, inadequate type, and ignoring type), thus, explains the relative performance of ASEAN countries we studied. All of the survey data are compared with those from International Monetary Fund (IMF), World Bank (WB), and Asia Development Bank (ADB) databases and are thus confirmed to be factual. The results show that most of the sub-categories of TD in pattern 1 countries (Singapore, Malaysia, and Brunei) exhibit positive correlations with those of EP (except the information technology sub-category). Singapore and Malaysia (of the fitting type) perform at a higher level on both TD and EP relative to other ASEAN countries. In contrast, all sub-categories of TD in pattern 2 countries (Thailand, Indonesia, Philippines, Cambodia, Laos, Myanmar, and Vietnam) show lower or negative correlations with the domestic economy and government efficiency sub-categories EP. Finally, this research can provide ASEAN countries with a roadmap on how to move from pattern 2 to pattern 1 and how to shift from being of the ignoring type to the fitting type in the future.

UR - http://www.scopus.com/inward/record.url?scp=34447277666&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=34447277666&partnerID=8YFLogxK

U2 - 10.1016/j.technovation.2007.04.006

DO - 10.1016/j.technovation.2007.04.006

M3 - Article

AN - SCOPUS:34447277666

VL - 27

SP - 471

EP - 488

JO - Technovation

JF - Technovation

SN - 0166-4972

IS - 8

ER -