The technological capacity of nations is increasingly seen as a crucial influence on their international competitiveness and growth prospects. Yet, technology does not receive due attention in development policy in many developing countries. This volume discusses the domestic and external factors that impinge upon the process of technological capability building in developing countries and and draws policy implications. Specifically, it examines the interaction between technological effort in developing countries and factors such as: trends of globalization, emergence of new technologies and stronger patent regimes market structure, firm size and performance affiliation with multinational enterprises and technology imports international trade. Crucially, the authors redress the balance in the current literature by providing a developing country perspective on the economic analysis of technology and considerations affecting policies. Providing fresh insights, this volume will be of interest to researchers and in development economics as well as to those involved with the creation of policy in developing countries.