Title: How the quality of institutions affects technological deepening in developing countries
Description: The lower the risk of expropriation and the greater the rule of law (that is, the greater the security of property and contract rights), the greater the research and development spending in developing countries and the greater the likelihood that foreign direct investment will increase; two routes to technological deepening.
Subjects: Eminent domain, Finance, Foreign Investments, Industrial Research, Institutions, Right of property, Technological innovations, Associations, institutions
Places: Developing countries