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1、The Endogenous growth literature has stimulated empirical research into linksbetween trade and growth in general and international technology spillovers in particular.As a consequence, numerous papers to exploit the ne
2、w trends of the new growth theorieshave started to emerge in a seemingly endless stream. The literature has investigated almost technology diffusion across the developedeconomies. A number of researchers have found
3、 that foreign sources of technology are animportant contributor to productivity growth for the developed economies. A very littleresearch however has been carried out on the magnitude and significance of international
4、technology diffusion for the countries with low and middle incomes. Those studies toocould find spillover effects to developing countries and have found that the trade isimportant in faoilitating such technology spillo
5、vers. The expectation of the present paper is that developing world are most likely to gainaccess to knowledge through their trade with the developed world, given that R&D isconcentrated in a small number of develo
6、ped countries. Through a long historydeveloping economies have been in unequal integration with the world economy. But thecombined impact of today's world globalization and the broad spread of knowledge andtechnologie
7、s have significantly changed the forms of integration and have set a newcourse of important implications for development strategies. As a result, developingcountries have faced with new challenges and tasks. Therefore
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