TY - JOUR
T1 - The influences of technology development on economic performance-The example of ASEAN countries
AU - Wang, Tai Yue
AU - Chien, Shih Chien
N1 - Funding Information:
Cambodia, Myanmar, and Brunei are described as “emerging tigers”. The international investment community is less likely to focus on these countries, which makes raising capital extremely difficult for them ( Burton et al., 2003 ). Keeping this in mind, the Initiative for ASEAN Integration (IAI) Work Plan for Narrowing the Development Gap within ASEAN, assisting new member countries, was developed with the aims of reducing the development gaps among ASEAN member countries, expediting greater regional economic integration, promoting equitable economic development, and helping alleviate poverty in Cambodia, Laos, Myanmar, and Vietnam (CLMV). The IAI Work Plan for CLMV will focus on the priority areas of infrastructure development, human resource development, information and communications technology, and promoting regional economic integration in the CLMV countries from 2002 to 2008 ( ASEAN, 2002 ). The validity of the goal of the ASEAN IAI Work Plan is supported by the results of our research. However, a number of observers have been critical of ASEAN's efforts to increase its institutional capacity. They have argued that the association does not have the political or economic resources to fulfill the important institutional role that other supranational institutions, such as the European Union, play in policy domains, including that of S&T ( Narine, 1999 ; Wesley, 1999 ).
PY - 2007/8
Y1 - 2007/8
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.
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U2 - 10.1016/j.technovation.2007.04.006
DO - 10.1016/j.technovation.2007.04.006
M3 - Article
AN - SCOPUS:34447277666
SN - 0166-4972
VL - 27
SP - 471
EP - 488
JO - Technovation
JF - Technovation
IS - 8
ER -