The Interactive Effect of Entrepreneurship and Talent Competitiveness on the Absorption of Technology Spillovers from the Import Channel

Document Type : Original Article

Authors

1 Ph.D. Student in Technology Management, Rudehen Branch, Islamic Azad University. Rudehen, Iran

2 Professor of Economics, Department of Economics, Faculty of Economics and Social Science, Alzahra University, Tehran, Iran

3 Department of Management, Buinzahra Branch, Islamic Azad University, Buinzahra, Iran

Abstract

The absorption of foreign technology through importing intermediate and capital goods serves as a strategic channel for addressing domestic research and development (R&D) deficiencies and bridging technological gaps. This process plays a pivotal role in advancing knowledge-based economies, enhancing national competitiveness, and fostering innovation-driven economic growth. Entrepreneurship, as a key driver of talent competitiveness, can facilitate the adoption and adaptation of foreign technologies while amplifying technology spillover adsorption effects. This study adopts a panel data methodology and employs the Generalized Method of Moments (GMM) to examine the interactive impact of entrepreneurship and talent competitiveness on the absorption of technology spillovers via imports. The empirical analysis is based on data from 12 selected developing countries and 13 developed science-producing countries over the period 2014–2020. The findings reveal that entrepreneurship, along with the core dimensions of talent competitiveness—including talent attraction, utilization, development, and retention—exerts a positive and statistically significant effect on technology spillover absorption in both country groups. Moreover, entrepreneurship indirectly enhances spillover absorption through its positive influence on talent competitiveness. Additionally, domestic R&D and the development of information and communication technologies (ICT), incorporated as control variables, also exhibit a significant and positive contribution to the absorption of foreign technology spillovers.

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