Technology transfer, FDI and economic growth in the ASEAN region
The aim of this study was to investigate the intensity of international technology transfer in selected ASEAN economies through import of machinery and foreign direct investment. The technology transfer intensities across the ASEAN economies vary substantially, with Singapore leading among the four...
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| Format: | Article |
| Language: | English English |
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Routledge
2006
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| Online Access: | http://psasir.upm.edu.my/id/eprint/18128/ http://psasir.upm.edu.my/id/eprint/18128/1/Technology%20transfer%2C%20FDI%20and%20economic%20growth%20in%20the%20ASEAN%20region.pdf |
| _version_ | 1848843426876882944 |
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| author | Lee, Huay Huay Tan, Hui Boon |
| author_facet | Lee, Huay Huay Tan, Hui Boon |
| author_sort | Lee, Huay Huay |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The aim of this study was to investigate the intensity of international technology transfer in selected ASEAN economies through import of machinery and foreign direct investment. The technology transfer intensities across the ASEAN economies vary substantially, with Singapore leading among the four selected economies, followed by Malaysia, Thailand, and Indonesia. The intensities of foreign direct investment (FDI) inflows into the region is closely related to the levels of technology transfer to the region. It is observed that the Asian financial crisis did alter the concentration of FDI inflows in these countries. The data also show that the ratios suffered a setback in the year after 1998. After this setback, both Malaysia and Singapore gained momentum again in attracting inflows of FDI, almost double the ratio of 1998. This indicates that Malaysia and Singapore were the most successful among the selected ASEAN countries in tapping the benefits of FDI and technological transfers with good strategies and policies. In contrast, Indonesia faced a continuing outflow of FDI since the crisis, yielding a negative impact on its economic activities. Among nations, Japan and the United States are the two dominant FDI providers for the ASEAN region, and they have contributed substantially in the transfer of technologies into the region. |
| first_indexed | 2025-11-15T08:14:51Z |
| format | Article |
| id | upm-18128 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T08:14:51Z |
| publishDate | 2006 |
| publisher | Routledge |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-181282015-10-06T00:08:11Z http://psasir.upm.edu.my/id/eprint/18128/ Technology transfer, FDI and economic growth in the ASEAN region Lee, Huay Huay Tan, Hui Boon The aim of this study was to investigate the intensity of international technology transfer in selected ASEAN economies through import of machinery and foreign direct investment. The technology transfer intensities across the ASEAN economies vary substantially, with Singapore leading among the four selected economies, followed by Malaysia, Thailand, and Indonesia. The intensities of foreign direct investment (FDI) inflows into the region is closely related to the levels of technology transfer to the region. It is observed that the Asian financial crisis did alter the concentration of FDI inflows in these countries. The data also show that the ratios suffered a setback in the year after 1998. After this setback, both Malaysia and Singapore gained momentum again in attracting inflows of FDI, almost double the ratio of 1998. This indicates that Malaysia and Singapore were the most successful among the selected ASEAN countries in tapping the benefits of FDI and technological transfers with good strategies and policies. In contrast, Indonesia faced a continuing outflow of FDI since the crisis, yielding a negative impact on its economic activities. Among nations, Japan and the United States are the two dominant FDI providers for the ASEAN region, and they have contributed substantially in the transfer of technologies into the region. Routledge 2006 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/18128/1/Technology%20transfer%2C%20FDI%20and%20economic%20growth%20in%20the%20ASEAN%20region.pdf Lee, Huay Huay and Tan, Hui Boon (2006) Technology transfer, FDI and economic growth in the ASEAN region. Journal of the Asia Pacific Economy, 11 (4). pp. 394-410. ISSN 1354-7860 http://dx.doi.org/10.1080/13547860600923593 Technology transfer - Asia, Southeastern Investments, Foreign - Asia, Southeastern Economics - Asia, Southeastern doi:10.1080/13547860600923593 English |
| spellingShingle | Technology transfer - Asia, Southeastern Investments, Foreign - Asia, Southeastern Economics - Asia, Southeastern Lee, Huay Huay Tan, Hui Boon Technology transfer, FDI and economic growth in the ASEAN region |
| title | Technology transfer, FDI and economic growth in the ASEAN region |
| title_full | Technology transfer, FDI and economic growth in the ASEAN region |
| title_fullStr | Technology transfer, FDI and economic growth in the ASEAN region |
| title_full_unstemmed | Technology transfer, FDI and economic growth in the ASEAN region |
| title_short | Technology transfer, FDI and economic growth in the ASEAN region |
| title_sort | technology transfer, fdi and economic growth in the asean region |
| topic | Technology transfer - Asia, Southeastern Investments, Foreign - Asia, Southeastern Economics - Asia, Southeastern |
| url | http://psasir.upm.edu.my/id/eprint/18128/ http://psasir.upm.edu.my/id/eprint/18128/ http://psasir.upm.edu.my/id/eprint/18128/ http://psasir.upm.edu.my/id/eprint/18128/1/Technology%20transfer%2C%20FDI%20and%20economic%20growth%20in%20the%20ASEAN%20region.pdf |