The technological surplus is a situation that occurs when a country generates enough of its own technology or adapts imported technology to incorporate it into the products and services it exports .
This situation is called a surplus because more technology is exported than imported, generating a “positive balance” of technology. The technological surplus can be measured as the difference between collections and payments for high-tech products or as the difference between collections and royalty payments.
The opposite case is the technological deficit .
Interpretation of technological surplus
A high technological surplus indicates independence from foreign technology. This situation can occur for several reasons:
- The country has good Research and Development (R&D) systems.
- The country exports high-tech products.
In addition to these three causes, the technological surplus may simply come from economic differences between countries. A country with a good economic situation will tend to increase its imports, including high-tech ones, therefore reducing its technological surplus, or increasing its technological deficit. In turn, if the country is in a bad situation, it will reduce its imports, including high-tech ones, thereby increasing its technological surplus.