Why is `technological-capability building` viewed as a process of learning? Discuss whether the government of a developing country should intervene to promote such technological capability building.

Technological Capability Building

Introduction

Technological capability building (TCB ) is the process in which development of the abilities to adopt and create new technologies are enhanced (Bhalla , 1996 . The technology developed becomes an asset in responding appropriately to the changes in global environment where technology has become an important driving force of the major economies TCB creates an environment where superior and efficient productivity of labor is realized . This increased production per person is partly due to the technique promoted by TCB in division of labor and specialization that enables one

person to effectively manage the work of many laborers When the technique is applied over a long period of time the art of division of labor to the most effective units is perfected and a big base of capital is built . During the process progressive technological innovations are discovered and adopted increasing the levels of production and income (Kim , 1980 . There are numerous studies explaining how this growth in output is achieved and there is a consensus that economic growth is a product of progressive improvements in the efficiency of the labor force used in the production . This evaluates the TCB process as a learning process and examines whether the governments in the developing countries should intervene in promoting this process in their developing agenda

Technological Capability Building (TCB ) as a process of learning

TCB is seen as a learning process that enables a country in importing and adopting appropriate technology effectively . The learning feature of TCB involves different...