Leapfrogging in International Competition - a theory of cycles of national technological leadership
From Meritology
Author's Abstract
Endeogenous-growht theory suggests that technological change tends to reinforce the position of the leading nations. Yet sometimes this leadership role shifts. We suggest a mechanism that explains this pattern of "leapfrogging" as a respons to occastional major changes in technology. When such a change occurs, the new technology does not initially seem to be an improvement for leading nations, given their extensive experience with older technologies. Lagging nations hve less expereince; the new technique allows them to use their lower wages to enter the market. If the new technique proves more productive than the old, leapfrogging of leadership occurs.
Resource: [1] Title: Leapfrogging in International Competition - a theory of cycles of national technological leadership Authors: Elise Brezis, Paul Krugman, and Daniel Tsiddon
