The likelihood of technological spillovers varies across countries.

Question

Quizplus · Accepted Answer

Technological spillovers are the diffusion of technology and knowledge from one firm, industry or country to another. The likelihood of technological spillovers depends on factors such as the level of technological development, the openness of the economy, the strength of intellectual property rights, and the quality of institutions. Therefore, it is expected that the likelihood of technological spillovers would vary across countries.

The Likelihood of Technological Spillovers Varies Across Countries