International technology transfer and innovative changes adjustment in EU

The purpose of the paper is to analyse the role of international technology transfer (as part of an economic system) in the processes of creating and applying innovation, as well as the impact of technology on the efficiency of economic activity conducted by business entities. The study encompasses...

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Bibliographic Details
Published in:Empirical economics 2020-09, Vol.59 (3), p.1351-1371
Main Authors: Ciborowski, Robert W., Skrodzka, Iwona
Format: Article
Language:English
Subjects:
Econometrics
Economic activity
Economic systems
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Finance
Innovations
Insurance
International cooperation
Management
Statistics for Business
Structural adjustment
Technological change
Technology transfer
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Summary:The purpose of the paper is to analyse the role of international technology transfer (as part of an economic system) in the processes of creating and applying innovation, as well as the impact of technology on the efficiency of economic activity conducted by business entities. The study encompasses the economic activity of European Union countries and the companies functioning in the framework of national economic systems. The analysis was conducted by means of the soft modelling method. This method enabled to examine links between variables which are not directly observable in particular between international technology transfer and innovation. The results demonstrate that for countries relying on international technology transfer, being part of an economic system does have a positive impact on innovation. Thanks to international cooperation, companies (and countries in general) become more involved in innovation activity, which enhances their competitive position.
ISSN:0377-7332
1435-8921
DOI:10.1007/s00181-019-01683-8