International trade, innovations and technological achievement in countries

Abstract

This chapter examines the concept of innovations, also presents the models of innovations linked to international trade. Different types of models are analysed in the paper: models which present „technology gap“ between importing and exporting countries, models which introduce the impact of technological innovation on international trade, models which are dedicated to the change of trade costs and their impact to companies’ decisions, also models which describe the company’s contribution. Technological innovations are very important for international trade, at least as the part of in frastructure supporting international trade. Due to this the relationship between international trade and technological innovations is shortly analysed herein. The technology achievement index is introduced in the paper, also the achievement in e - commerce as advanced trade technology, is involved into empiric study. The results of the empiric study show that absolute technological leaders have huge capacity to apply advanced trade technology in recent decades.