Modeling the Self-Propagating Growth Function of Science and Technological Diffusion for Selected Asian Countries

Abstract

In the transition to a knowledge-based economy, many Asian emerging countries attempt to raise the national investment to develop their science and technological capacity. Science and technological production can be the result of self-propagating growth in the process of diffusion. By theoretical analysis and empirical demonstration, this paper attempts to analyze science and technology by investigating the self-propagating behavior of science and technological diffusion for South Korea, Malaysia and Japan. The dynamics of the self-propagating behavior in these selected countries are examined through the logistic growth function with a dynamic carrying capacity. Evidence suggests that this function is particularly relevant for an advanced country like Japan.