The Entry into the Design and Production of Complex Capital Goods: The Experiences of Brazil, India and South Korea

The manufacture of capital goods, and particularly of industrial machinery, has been a fundamental instrument in generating and diffusing technological innovations. For this reason, it has been argued that ‘creating a capital goods industry is, in effect, a major way of institutionalizing internal pressures for the adoption of new technology’. 2 These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.