The Challenges Of Technology And Economic Catch Up In Emerging Economies

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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 : 49,6 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.

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 : 42,9 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 : 51,8 Mb
Release : 2021-06-24
Category : Business & Economics
ISBN : 9780192649379

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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.

Technological Change and Economic Catch-up

Grazia D. Santangelo
Technological Change and Economic Catch up Book PDF

Author : Grazia D. Santangelo
Publisher : Edward Elgar Publishing
Page : 296 pages
File Size : 46,7 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 184542817X

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Technological Change and Economic Catch-up by Grazia D. Santangelo Pdf

This book tackles the issue of technological and economic catch-up by examining the role that public research institutions and local policy play in the promotion of this process by fostering local science-technology linkages with incoming foreign-owned multinationals.

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 : 46,8 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.

International Technology Transfer and Catch-up in Economic Development

Slavo Radošević
International Technology Transfer and Catch up in Economic Development Book PDF

Author : Slavo Radošević
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 50,8 Mb
Release : 1999
Category : Developing countries
ISBN : UCSD:31822027786060

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International Technology Transfer and Catch-up in Economic Development by Slavo Radošević Pdf

Reappraises the role of international technology transfer in economic development in light of the globalization of the world economy. Provides an overview and historiography of technology transfer mechanisms, then discusses new technology transfer issues, particularly "sourcing," which have emerged as a result of increasing globalization, leading to an increased understanding of how developing economies and economies in transition could approach technology transfer policy in an increasingly globalized and open economic environment. Radosevich is a research fellow with SPRU, Science and Technology Policy Research at the University of Sussex, UK. Annotation copyrighted by Book News, Inc., Portland, OR

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 : 52,8 Mb
Release : 2013-10-31
Category : Business & Economics
ISBN : 9781107042681

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Schumpeterian Analysis of Economic Catch-up by Keun Lee Pdf

A fresh analysis of the secrets of Asian economic success and how other countries can escape the 'middle-income' trap.

Innovation and Technology in Korea

Jörg Mahlich,Werner Pascha
Innovation and Technology in Korea Book PDF

Author : Jörg Mahlich,Werner Pascha
Publisher : Springer Science & Business Media
Page : 297 pages
File Size : 55,7 Mb
Release : 2007-07-24
Category : Science
ISBN : 9783790819144

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Innovation and Technology in Korea by Jörg Mahlich,Werner Pascha Pdf

The Korean government believes it can turn the country into one of the top 10 competitive economies by 2010. This volume offers an in-depth analysis of the Korean innovation system and shows how its science and technology policies actually work. As Korea’s economy is now reaching the status of a newly advanced economy, the book also takes a close look at ongoing structural changes in the course of economic globalization.

Globalization of Technology

Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences
Globalization of Technology Book PDF

Author : Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences
Publisher : National Academies Press
Page : 225 pages
File Size : 47,7 Mb
Release : 1988-02-01
Category : Political Science
ISBN : 9780309038423

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Globalization of Technology by Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences Pdf

The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.

Advances in Innovation, Trade and Business

Aswini Kumar Mishra,Ajay S. Vinzé,Rajorshi Sen Gupta,Rammohan Menon
Advances in Innovation Trade and Business Book PDF

Author : Aswini Kumar Mishra,Ajay S. Vinzé,Rajorshi Sen Gupta,Rammohan Menon
Publisher : Springer Nature
Page : 148 pages
File Size : 50,9 Mb
Release : 2021-03-22
Category : Business & Economics
ISBN : 9783030603540

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Advances in Innovation, Trade and Business by Aswini Kumar Mishra,Ajay S. Vinzé,Rajorshi Sen Gupta,Rammohan Menon Pdf

Since the process of liberalization and opening of markets in the 1990s, the emerging markets have created a thriving culture of entrepreneurship, creativity and global collaboration. Along with these opportunities, however, there are challenges in doing business with emerging markets. This book underlines the challenges that come with managing business relationships in diverse emerging countries such as India. It also provides useful implications and conclusions for successful and profitable business ventures in emerging economies.

The Innovation Paradox

Xavier Cirera,William F. Maloney
The Innovation Paradox Book PDF

Author : Xavier Cirera,William F. Maloney
Publisher : World Bank Publications
Page : 214 pages
File Size : 47,9 Mb
Release : 2017-10-02
Category : Business & Economics
ISBN : 9781464811845

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The Innovation Paradox by Xavier Cirera,William F. Maloney Pdf

Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticated private sector partners †“ toward building firm capabilities, and embrace an expanded concept of the National Innovation System that incorporates a broader range of market and systemic failures. The authors offer guidance on how to navigate the resulting innovation policy dilemma: as the need to redress these additional failures increases with distance from the frontier, government capabilities to formulate and implement the policy mix become weaker. This book is the first volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.

How Revolutionary Was the Digital Revolution?

John Zysman,Abraham Newman
How Revolutionary Was the Digital Revolution Book PDF

Author : John Zysman,Abraham Newman
Publisher : Stanford University Press
Page : 508 pages
File Size : 43,5 Mb
Release : 2006
Category : Business & Economics
ISBN : 0804753350

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How Revolutionary Was the Digital Revolution? by John Zysman,Abraham Newman Pdf

The final section considers the political ramifications of information technology for critical societal debates ranging from privacy to intellectual property. The contributors to the book map out how the digital revolution shakes up politics, creating new economic and political winners and losers. In order to do so, they connect theories of political economy to the implications of digital technology for international as well as national markets.Attempts to construct a framework for analyzing the international digital era: one that examines the ability of political actors to innovate and experiment in spite of, or perhaps because of, the constraints posed by digital technology. This book examines the reaction of nations to the dual challenges of globalization and technological change.How do high wage countries stay rich in a global digital economy? "How Revolutionary was the Revolution" constructs a framework for analyzing the international digital era: one that examines the ability of political actors to innovate and experiment in spite of, or perhaps because of, the constraints posed by digital technology. In order to assess the revolutionary nature of the digital era, this book takes four overlapping approaches. First, it examines the reaction of nations, specifically Finland, Japan, and emerging markets, to the dual challenges of globalization and technological change. This section identifies both successful and failed national experiments intended to deal with these dual pressures. Second, it assesses corporate attempts to leverage digital technology to reorganize work. A broad range of issues including off-shoring, open source production systems, and knowledge management are addressed. Third, devoting detailed analysis to the case of mobile telephones, the book offers insights into the political economy of market evolution in the digital era.

Growth in a Time of Change

Hyeon-Wook Kim,Zia Qureshi
Growth in a Time of Change Book PDF

Author : Hyeon-Wook Kim,Zia Qureshi
Publisher : Brookings Institution Press
Page : 376 pages
File Size : 44,8 Mb
Release : 2020-02-25
Category : Business & Economics
ISBN : 9780815737766

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Growth in a Time of Change by Hyeon-Wook Kim,Zia Qureshi Pdf

Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.

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 : 49,9 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.

Technology at the Margins

Sailesh Chutani,Jessica Rothenberg Aalami,Akhtar Badshah
Technology at the Margins Book PDF

Author : Sailesh Chutani,Jessica Rothenberg Aalami,Akhtar Badshah
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 51,7 Mb
Release : 2010-12-07
Category : Business & Economics
ISBN : 9780470639979

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Technology at the Margins by Sailesh Chutani,Jessica Rothenberg Aalami,Akhtar Badshah Pdf

Remain competitive by offering more accessible, affordable, and relevant information technologies that meet mass-market needs Technology at the Margins demonstrates that by making IT more accessible, affordable, and relevant, new mass markets can be opened. Based on solid insights generated in key areas of health, education, finance and the environment, the book offers practical recommendations and insights from world leaders, innovators, practitioners and new users of emergent technologies. Offers recommendations on how companies can ensure their own competitiveness by offering more accessible, affordable, and relevant information technologies to support mass market needs Suggests practical recommendations and insights from world leaders, innovators, practitioners and new users of emergent technologies Challenges businesses to rethink their uses of existing technologies Technology at the Margins will be of interest to decision makers in the private, public and nonprofit sectors who are interested in opportunities offered by IT in meeting the needs of those at the base of the worlds economic pyramid.