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Technology Diffusion and Economic Progress in Africa: Challenges and Opportunities

Osabuohien, E. S. C. and Efobi, Uchenna (2012) Technology Diffusion and Economic Progress in Africa: Challenges and Opportunities. Disruptive Technologies, Innovation and Global Redesign.

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Application of appropriate technology has been noted as one of the distinguishing factors in growth disparities across countries. Thus, this study investigates the role of technological diffusion in economic progress in Africa. This was achieved using descriptive and empirical analyses based on imitator-innovator theoretical framework. The study established that the sub-regions in Africa with higher values in technological diffusion indicators experienced higher economic progress, which is a good indication of a significant positive relationship between economic progress and technological diffusion. Thus, the study concludes that if Africa must make contribution to the global knowledge economy and move on the path of economic progress, the issue of technological diffusion through adequate investment on R&D, functional education, among others, needs to be addressed with all serious efforts.

Item Type: Article
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 08 Oct 2013 11:02
Last Modified: 08 Oct 2013 11:02

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