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By Sanjaya Lall
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Additional resources for The Technological Response to Import Liberalization in SubSaharan Africa
Example text
This is due to the fact that, over the last ten years, advances in the tools and techniques of economic theorizing appear to have outpaced thinking about development histories, paths and policies. A limited or even neutral government role and the greatest possible freedom of trade may still be the best policy prescriptions, but such a prescriptions are no longer based upon a widely accepted standard economic model: instead it is one of many possible positions, all of which may be formulated in 26 Sanjaya La!!
This literature may broadly be referred to as the technological capability (TC) approach. 23 Technological capabilities in industry are the skills (technical, managerial or organisational) that allow firms to utilize equipment and information efficiently. 24 Such capabilities are firm-specific, a form of institutional knowledge that is composed of individual skills accumulated over time that are not merely 'linearly added', but contain a synergetic element. 25 Technological effort in developing countries, therefore, should not be thought of as investment at the global frontier of technology, although innovative capabilities are one (particularly advanced) form of TC.
See, for instance, World Bank (1991, 1993a). 7. The data are from the African Development Bank, African Development Report 1995. This analysis updates the one in Lall (1995). 8. 7 times more than the whole of SubSaharan Africa (excluding South Africa), with a population only 10 per cent of that of the region. 15 Sanjaya La!! 1 (Continued) Values (1985 $million) Country 25 1980 Non-adjusting countries Angola 336 Botswana 45 Cape Verde 5 Comoro 3 E. 18 Source: Calculated from African Development Bank, African Development Report, 1995.