'Market-stimulating' technology policies in developing countries: a framework with examples from East Asia

Sanjaya Lall, Morris Teubal

Research output: Contribution to journalArticlepeer-review

214 Scopus citations

Abstract

This paper proposes an analytical framework for technology development, based upon evolutionary approaches and drawing upon Asian development strategies. The analysis rests on the concept of 'market stimulating technology policies', comprising a broad array of policies to promote industrial and technological development, some market and others government determined. These policies may be functional, horizontal or vertical, and can be analyzed at three levels: national, strategic and specific. The paper suggests that strategic choices are involved at all stages that cannot be resolved entirely by recourse to free markets.

Original languageEnglish
Pages (from-to)1369-1385
Number of pages17
JournalWorld Development
Volume26
Issue number8
DOIs
StatePublished - Aug 1998

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