China S Technological Leapfrogging And Economic Catch Up

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China's Technological Leapfrogging and Economic Catch-up

Keun Lee
China s Technological Leapfrogging and Economic Catch up Book PDF

Author : Keun Lee
Publisher : Oxford University Press
Page : 292 pages
File Size : 47,7 Mb
Release : 2021-12-14
Category : Business & Economics
ISBN : 9780192663351

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China's Technological Leapfrogging and Economic Catch-up by Keun Lee Pdf

After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China. It also discusses China's limitations and future prospects, especially after the rise of a new "cold war" between China and the US, namely the question of whether China would fall into another trap called the "Thucydides trap", or conflict with the existing hegemon as a rising power. In sum, this book plays around three key terms, namely, the Beijing Consensus, the Middle Income Trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. It also conducts a comparative analysis that examines China from an "economic catch-up" perspective. An economic catch-up starts from learning and imitating a forerunner, but finishing the race successfully requires taking a different path along the road. This act is also known as leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner. Technological leapfrogging may lead to technological catch-up, which means reducing the technological gap, and then finally to economic catch-up in living standards (per capita income) and economic size (GDP: economic power). This linkage from technological leapfrogging and catch-up to economic catch-up corresponds exactly with a similar linkage from the Beijing Consensus to escaping (or not) the middle income and the Thucydides traps. One conclusion from this book is that China's successful rise as a global industrial power has been due to its strategy of technological leapfrogging, which has enabled China to move beyond the middle income trap and possibly the Thucydides trap, although at a slower speed.

Economic Catch-up and Technological Leapfrogging

Keun Lee
Economic Catch up and Technological Leapfrogging Book PDF

Author : Keun Lee
Publisher : Edward Elgar Publishing
Page : 392 pages
File Size : 54,5 Mb
Release : 2016-08-26
Category : Business & Economics
ISBN : 9781785367939

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Economic Catch-up and Technological Leapfrogging by Keun Lee Pdf

This book elaborates upon the dynamic changes to Korean firms and the economy from the perspective of catch-up theory. The central premise of the book is that a latecomer’s sustained catch-up is not possible by simply following the path of the forerunners but by creating a new path or ‘leapfrogging’. In this sense, the idea of catch-up distinguishes itself from traditional views that focus on the role of the market or the state in development.

China's Technological Leapfrogging and Economic Catch-up

Keun Lee
China s Technological Leapfrogging and Economic Catch up Book PDF

Author : Keun Lee
Publisher : Oxford University Press
Page : 292 pages
File Size : 50,5 Mb
Release : 2022-01-27
Category : Business & Economics
ISBN : 9780192847560

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China's Technological Leapfrogging and Economic Catch-up by Keun Lee Pdf

After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China. It also discusses China's limitations and future prospects, especially after the rise of a new cold war between China and the US, namely the question of whether China would fall into another trap called the Thucydides trap, or conflict with the existing hegemon as a rising power. In sum, this book plays around three key terms, namely, the Beijing Consensus, the Middle Income Trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. It also conducts a comparative analysis that examines China from an economic catch-up perspective. An economic catch-up starts from learning and imitating a forerunner, but finishing the race successfully requires taking a different path along the road. This act is also known as leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner. Technological leapfrogging may lead to technological catch-up, which means reducing the technological gap, and then finally to economic catch-up in living standards (per capita income) and economic size (GDP: economic power). This linkage from technological leapfrogging and catch-up to economic catch-up corresponds exactly with a similar linkage from the Beijing Consensus to escaping (or not) the middle income and the Thucydides traps. One conclusion from this book is that China's successful rise as a global industrial power has been due to its strategy of technological leapfrogging, which has enabled China to move beyond the middle income trap and possibly the Thucydides trap, although at a slower speed.

The Art of Economic Catch-Up

Keun Lee
The Art of Economic Catch Up Book PDF

Author : Keun Lee
Publisher : Cambridge University Press
Page : 305 pages
File Size : 53,5 Mb
Release : 2019-05-16
Category : Business & Economics
ISBN : 9781108472876

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The Art of Economic Catch-Up by Keun Lee Pdf

A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.

The Challenges of Technology and Economic Catch-Up in Emerging Economies

Jeong-Dong Lee,Keun Lee,Dirk Meissner,Slavo Radosevic,Nicholas Vonortas
The Challenges of Technology and Economic Catch Up in Emerging Economies Book PDF

Author : Jeong-Dong Lee,Keun Lee,Dirk Meissner,Slavo Radosevic,Nicholas Vonortas
Publisher : Oxford University Press
Page : 517 pages
File Size : 40,6 Mb
Release : 2021
Category : Business & Economics
ISBN : 9780192896049

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The Challenges of Technology and Economic Catch-Up in Emerging Economies by Jeong-Dong Lee,Keun Lee,Dirk Meissner,Slavo Radosevic,Nicholas Vonortas Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.

Global China

Tarun Chhabra,Rush Doshi,Ryan Hass
Global China Book PDF

Author : Tarun Chhabra,Rush Doshi,Ryan Hass
Publisher : Brookings Institution Press
Page : 430 pages
File Size : 42,9 Mb
Release : 2021-06-22
Category : Political Science
ISBN : 9780815739173

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Global China by Tarun Chhabra,Rush Doshi,Ryan Hass Pdf

The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.

Catching Up to America

Tian Zhu
Catching Up to America Book PDF

Author : Tian Zhu
Publisher : Cambridge University Press
Page : 291 pages
File Size : 44,5 Mb
Release : 2021-09-09
Category : Business & Economics
ISBN : 9781009037402

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Catching Up to America by Tian Zhu Pdf

China's rapid rise is doubtless the most significant economic and geopolitical event in the 21st century. What has led to its rise? What does it mean for the rest of the world? When will China overtake the US? Will the conflict between the two superpowers derail its further rise? Can China's development experience be emulated by other countries? These are some of the important questions addressed in this jargon-free, yet rigorous book. It debunks many popular explanations of China's rapid economic growth ranging from abundance of cheap labor, export promotion, demographic dividend, strong government, to mercantilist policies and IP theft. Taking a global comparative approach, this book demonstrates convincingly that the true differentiating factor making China grow faster than other developing countries over the past four decades is the Confucian culture of savings and education. This cultural perspective yields powerful new insights into many questions regarding China's rise.

Innovative China

Development Research Center of the State Council;World Bank Group
Innovative China Book PDF

Author : Development Research Center of the State Council;World Bank Group
Publisher : World Bank Publications
Page : 335 pages
File Size : 48,6 Mb
Release : 2020-01-13
Category : Business & Economics
ISBN : 9781464814204

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Innovative China by Development Research Center of the State Council;World Bank Group Pdf

After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative China. The reform agenda is based on the three D's: removing Distortions to strengthen market competition and enhance the efficient allocation of resources in the economy; accelerating Diffusion of advanced technologies and management practices in China's economy, taking advantage of the large remaining potential for catch-up growth; and fostering Discovery and nurturing China's competitive and innovative capacity as China approaches OECD incomes in the decades ahead and extends the global innovation and technology frontier.

The Rise of Technological Power in the South

X. Fu,Luc Soete
The Rise of Technological Power in the South Book PDF

Author : X. Fu,Luc Soete
Publisher : Springer
Page : 357 pages
File Size : 52,5 Mb
Release : 2010-04-15
Category : Business & Economics
ISBN : 9780230276123

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The Rise of Technological Power in the South by X. Fu,Luc Soete Pdf

This book explores the drivers of technological upgrading and catch-up in the emerging economies, paying specific attention to technology and innovation policies, national innovation systems, the role of foreign direct investment and small and medium enterprises. It provides practical implications for other developing countries.

China's Rise in the World ICT Industry

Lutao Ning
China s Rise in the World ICT Industry Book PDF

Author : Lutao Ning
Publisher : Routledge
Page : 323 pages
File Size : 49,9 Mb
Release : 2009-06-04
Category : Business & Economics
ISBN : 9781134016556

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China's Rise in the World ICT Industry by Lutao Ning Pdf

One of the most striking phenomena of China’s remarkable economic growth is that its huge volume of exports are becoming high-tech. China is now the world's largest Information and Communication Technology (ICT) exporter, having overtaken Japan and the European Union in 2003 and the United States in 2004. China's ICT industry is also the largest manufacturing sector within the Chinese economy. This book examines how China has attained this leading position and presents one of the first accounts of China’s ICT development model with specific reference to the experiences of East Asian 'tigers'. It shows how the development of the industry was military-driven before 1978, and how subsequently Chinese policymakers, struggling with domestic market reform and challenged by trade liberalisation and globalisation, managed to push through ICT development strategies. Overall, it discusses the debates between policymakers as to the most appropriate economic development strategy for 'catching-up' and demonstrates how China moved away from the across-the-board protectionist and interventionist industrial policies pursued by many developing countries, but has not wholeheartedly followed the neo-liberal free trade and market polices favoured by the World Bank, WTO and IMF. By doing so, it sheds light on the limitations of China’s strategies moving forward, and identifies policy lessons for other developing countries.

Schumpeterian Analysis of Economic Catch-up

Keun Lee
Schumpeterian Analysis of Economic Catch up Book PDF

Author : Keun Lee
Publisher : Cambridge University Press
Page : 299 pages
File Size : 42,6 Mb
Release : 2013-10-31
Category : Business & Economics
ISBN : 9781107471429

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Schumpeterian Analysis of Economic Catch-up by Keun Lee Pdf

One of the puzzles about why some countries have stronger economic growth than others revolves around the so-called 'middle-income trap', the situation in which a country that has grown strongly gets stuck at a certain level. In this book, Keun Lee explores the reasons why examples of successful catching-up are limited and in particular, why the Asian economies, including China, have managed to move, or are moving, beyond middle-income status but economic growth has stalled in some Latin American countries. This is one of the first studies to demonstrate using patent analysis that the secret lies in innovative systems at the firm, sector and country levels which promote investment in what the author calls 'short-cycle' technologies and thereby create a new path different from that of forerunning countries. With its comprehensive policy framework for development as well as useful quantitative methods, this is essential reading for academic researchers and practitioners.

Technology, Politics, And Society In China

Rudi Volti
Technology Politics And Society In China Book PDF

Author : Rudi Volti
Publisher : Routledge
Page : 239 pages
File Size : 53,9 Mb
Release : 2019-07-11
Category : Political Science
ISBN : 9781000314250

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Technology, Politics, And Society In China by Rudi Volti Pdf

This study is the first to summarize the major technological policies implemented in China since 1949 and to place them in their social and historical context. Dr. Volti looks at technological change in China as part of a broader process of economic, political, cultural, and organizational change, focusing primarily on four key areas—agriculture, energy, ground transportation, and medicine and public health. He emphasizes how technological change has been shaped by political and ideological structures, notes how China’s unique cultural heritage has affected adoption of technologies developed outside China, and assesses China’s success in developing technologies appropriate to its specific needs as an economically and politically developing nation. He draws on interviews with technicians engaged in the transfer of technology to China as well as extensive primary source materials.

On the Development of China's Information Technology Industry

Jiang Zemin
On the Development of China s Information Technology Industry Book PDF

Author : Jiang Zemin
Publisher : Academic Press
Page : 336 pages
File Size : 49,8 Mb
Release : 2009-11-13
Category : Computers
ISBN : 0123813700

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On the Development of China's Information Technology Industry by Jiang Zemin Pdf

In the early 1980’s, Jiang Zemin, then Minister of Electronics Ministry of China, assessed the IT industry as ‘the strategic high ground in international competition.’ He "perceived the discrepancy between China’s level and the world's advanced level was so great that we had to do our utmost to catch up." Since then through numerous articles and frequent speeches he has drawn up a detailed technological and policy roadmap for doing exactly that. This volume collects over 25 pieces written over more than 20 years. It demonstrates the former president of China’s authority and insight into the development of China’s IT industry since the introduction of reforms, and the cutting-edge issues experienced throughout the global IT industry. Jiang’s ambitious goal is the transformation of China into a leader in the global IT industry by 2020. This volume offers IT industry analysts, China watchers, policy makers and advisors, IT researchers, and investors a singular and authoritative view on how China should get there. Establishes key measurements for the development of China’s IT industry Sets forth the priorities for government and industry Identifies opportunities for interrelating military and civilian R&D and applications Reveals key obstacles to progress and directives for overcoming them Sets out an R&D agenda for industry Names the core industry sectors for government and industry investment Identifies opportunities and the necessity for international collaboration Establishes the need to develop China’s own IPR and to respect and protect others’ IPR

Innovative China

Development Research Center of the State Council,World Bank Group
Innovative China Book PDF

Author : Development Research Center of the State Council,World Bank Group
Publisher : Unknown
Page : 0 pages
File Size : 52,8 Mb
Release : 2019
Category : Business & Economics
ISBN : 1464813353

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Innovative China by Development Research Center of the State Council,World Bank Group Pdf

After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative China. The reform agenda is based on the three D's: removing Distortions to strengthen market competition and enhance the efficient allocation of resources in the economy; accelerating Diffusion of advanced technologies and management practices in China's economy, taking advantage of the large remaining potential for catch-up growth; and fostering Discovery and nurturing China's competitive and innovative capacity as China approaches OECD incomes in the decades ahead and extends the global innovation and technology frontier.

Innovation–Development Detours for Latecomers

Keun Lee
Innovation Development Detours for Latecomers Book PDF

Author : Keun Lee
Publisher : Cambridge University Press
Page : 305 pages
File Size : 53,8 Mb
Release : 2024-02-29
Category : Business & Economics
ISBN : 9781009456227

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Innovation–Development Detours for Latecomers by Keun Lee Pdf

Many developing countries still face difficulties initiating and sustaining economic development. Such difficulties have been exacerbated by the COVID-19 pandemic, resulting in an increasing divergence between rich and poor countries. One crucial question is whether to follow the trajectories of present-day rich countries or seek out different, new trajectories. Although this is a fundamental question, scholars offering mainstream prescriptions have not sufficiently explored it. Drawing on extensive empirical studies of firms and industries, Innovation and Development Detours for Latecomers proposes an effective alternative to prevailing development thinking. It presents a rich menu of development pathways, including a new role for Schumpeterian states whereby they do not follow the paths of technological development already taken by advanced countries. Rather, they can skip certain stages and even create their own detours thereby leapfrogging advanced countries in both manufacturing and service sectors. This title is also available as Open Access on Cambridge Core.