Accumulating Technological Capability in Developing Countries
研究了发展中国家技术积累如何受要素禀赋和部门间联系影响，指出企业是关键角色，生产能力不会自动转化为技术能力，开发银行不应低估技术积累。
In the early stages of development the accumulation of technology is influenced by factor endowments and intersectoral linkages. In later stages the level of technological knowledge itself can become a source of comparative advantage, reflected in production know-how, the design of capital goods, and a capacity for reverse engineering and imitative research and development. Evidence shows that firms play a central role in this process and that, contrary to received wisdom, production capacity does not lead automatically to technological capacity in developing countries. Market-related institutions tend to undervalue technological accumulation; it is essential that the development banks do not follow suit in the projects and programs they finance.