activities in an economy. However, markets for technology are often underdeveloped or inefficient. Existing theory attributes …Functioning markets for technology are an important determinant for the type, scope and distribution of innovation … structural forces that shape the demand side of markets for technology. In this study, we reason that demand depends on the …

During the last years more and more discussions came up about the contribution of technology-oriented and technology …-intensive industries for the economic development and employment. One reason for these contradictory evaluations of technology …-intensive industries can be attributed to different conceptual definitions of technology which are briefly discussed. The foundation and …