Year: 2025
Type: article
Abstract: Purpose The paper introduces the concept of the “imitation trap” to describe a state where economies remain reliant on technological imitation and fail to transition to growth driven by independent innovation. It aims to develop an endogenous economic growth model applicable to both independent research and development (R&D) and imitation strategies for independently operated enterprises to achieve economic catch-up in developing countries. Design/methodology/approach The model is designed under conditions of imperfectly competitive markets, focusing on the dual characteristics of technological innovation in developing economies: (1) technology adoption through imitation from developed countries and (2) self-directed learning-by-doing in R&D without external guidance. Findings From the perspective of technological dynamics and endogenous growth theory, this study explores the feasibility of technological catch-up and the potential lag induced by the imitation trap. It further refines existing literature on economic catch-up and expands the definition of the imitation trap. Originality/value This paper’s primary originality lies in formally conceptualizing and modeling the “imitation trap” within an “endogenous growth framework.” The model offers clear policy implications, suggesting that targeted fiscal tools and factor price corrections can help economies escape the imitation trap and achieve economic catch-up.
Source: China Political Economy
Authors: Feng Wei, Yang Jiao
Institution: Heilongjiang University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
Awards: G166428684, G6171753054, G6788102198
OpenAlex ID: W4416192096