Published Online: December 15, 2021
Author Details
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The global economy is witnessing structural changes in exports and there is expansion of export diversification. There is also shift away from natural resource-based, low-technology exports toward medium and high-technology exports. High technology competency is regarded as one of the most important drivers of economic development and global trade in high technology products can be expected to remain a key growth factor. In the light of these facts, the present paper attempts to review the existing studies on high technology product exports. The aim of this study is to find out the key drivers of high tech exports in advanced and emerging economies by reviewing the existing literature and also to identify the limitations if any in order to consider it in future research.
Keywords
Foreign direct investment; High-tech Exports; Human Development Index; GDP; R&D expenditure.