The Innovation Imperative For Developing East Asia

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The Innovation Imperative for Developing East Asia

Author : Xavier Cirera,Andrew D. Mason,Francesca de Nicola,Smita Kuriakose,Trang Thu Tran
Publisher : World Bank Publications
Page : 308 pages
File Size : 40,5 Mb
Release : 2021-05-07
Category : Business & Economics
ISBN : 9781464816567

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The Innovation Imperative for Developing East Asia by Xavier Cirera,Andrew D. Mason,Francesca de Nicola,Smita Kuriakose,Trang Thu Tran Pdf

After a half century of transformative economic progress that moved hundreds of millions of people out of poverty, countries in developing East Asia are facing an array of challenges to their future development. Slowed productivity growth, increased fragility of the global trading system, and rapid changes in technology are all threatening export-oriented, labor-intensive manufacturing—the region’s engine of growth. Significant global challenges—such as climate change and the COVID-19 pandemic—are exacerbating economic vulnerability. These developments raise questions about whether the region’s past model of development can continue to deliver rapid growth and poverty reduction. Against this background, The Innovation Imperative in Developing East Asia aims to deepen understanding of the role of innovation in future development. The report examines the state of innovation in the region and analyzes the main constraints that firms and countries face to innovating. It assesses current policies and institutions, and lays out an agenda for action to spur more innovation-led growth. A key finding of the report is that countries’ current innovation policies are not aligned with their capabilities and needs. Policies need to strengthen the capacity of firms to innovate and support technological diffusion rather than just invention. Policy makers also need to eliminate policy biases against innovation in services, a sector that is growing in economic importance. Moreover, countries need to strengthen key complementary factors for innovation, including firms’ managerial quality, workers’ skills, and finance for innovation. Countries in developing East Asia would also do well to deepen their tradition of international openness, which could foster openness in other parts of the world. Doing so would help sustain the flows of ideas, trade, investment, and people that facilitate the creation and diffusion of knowledge for innovation.

To the Frontier and Beyond

Author : World Bank
Publisher : Unknown
Page : 250 pages
File Size : 48,5 Mb
Release : 2020-12-15
Category : Electronic
ISBN : 1464816069

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To the Frontier and Beyond by World Bank Pdf

After a half century of significant economic success, countries in developing East Asia face an array of challenges. Slowing productivity growth, increasing fragility of the global trading system, and rapid changes in technology are threatening the region's engine of growth: export-oriented labor-intensive manufacturing. Longer-term demographic and climate change, and the current COVID-19 pandemic, are increasing economic vulnerability. These developments raise questions about whether the past model of economic success can continue to deliver rapid growth and poverty reduction. Against this background, To the Frontier and Beyond examines the role of innovation in fostering future economic progress in developing East Asia. The report suggests policy and institutional reforms for innovation-led growth in the region.

Ideas and Innovation in East Asia

Author : Albert Hu
Publisher : World Bank Publications
Page : 50 pages
File Size : 42,8 Mb
Release : 2007
Category : Agricultural Knowledge and Information Systems
ISBN : 8210379456XXX

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Ideas and Innovation in East Asia by Albert Hu Pdf

Abstract: The generation, diffusion, absorption and application of new technology, knowledge or ideas are crucial drivers of development. This paper surveys the diverse approaches to innovation adopted by East Asian economies, the problems faced and outcomes achieved, as well as possible policy lessons. Knowledge flows from advanced countries remain the primary source of new ideas in developing economies. The authors evaluate the role of three main channels for knowledge flows to East Asia - international trade, acquisition of disembodied knowledge and foreign direct investment. The paper then looks at the exceptionally fast growth in domestic innovation efforts in Korea, Taiwan (China), Singapore and China, drawing on information about R & D as well as original analysis of patent and patent citation data. Citation analysis shows that while East Asian innovations continue to draw heavily on knowledge flows from the US and Japan, citations to the same or to other East Asian economies are quickly rising, indicating the emergence of national and regional knowledge stocks as a foundation for innovation. A last section pulls together findings about policies and institutions to foster innovation, under three heads: the overall business environment for innovation (macroeconomic stability, financial development, openness, competition, intellectual property rights and the quality of communications infrastructure), human capital development, and government fiscal support for innovation.

Innovation and Learning Experiences in Rapidly Developing East Asia

Author : Rajah Rasiah,Thiruchelvam Kanagasundram,Keun Lee
Publisher : Routledge
Page : 145 pages
File Size : 53,8 Mb
Release : 2013-09-13
Category : Business & Economics
ISBN : 9781317983125

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Innovation and Learning Experiences in Rapidly Developing East Asia by Rajah Rasiah,Thiruchelvam Kanagasundram,Keun Lee Pdf

Technology and technical change is sector- and industry-specific, embedded by locational institutions and organizations, and integrated in global networks. It is non-linear in its emergence and movement, and subsumed in the nature of micro, meso and macro interactions. Using evolutionary theory and its methodological complement of inductive research, this collection showcases selected examples of innovation and learning experience in the rapidly evolving developing economies of East Asia. Consistent with evolutionary postulations of technology and technical change, this volume provides a range of empirically rich articles that elucidate innovation and learning experiences in East Asia. The case studies range from the dramatic movement of button manufacturing in China, to the globe’s technology frontier, to the rapidly expanding but without tangible technological catch-up of garment manufacturing in the least developed country of Laos. The rich selection of industry-based national case studies provides a comprehensive account of technological catch-up experiences that will be very useful for both scholars and policy makers. This book was originally published as a special issue of Asia Pacific Business Review.

Interpreting East Asian Growth and Innovation

Author : H. Khan
Publisher : Springer
Page : 181 pages
File Size : 44,7 Mb
Release : 2004-02-09
Category : Business & Economics
ISBN : 9780230503533

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Interpreting East Asian Growth and Innovation by H. Khan Pdf

Haider A. Khan goes beyond the study of catch-up technology and raises the question of innovation processes that are the key to the future growth and prosperity of the East Asian economies. This is particularly important in the aftermath of the Asian financial crises that have cost these economies much. How can newly industrialized economies achieve cohesive systems of innovation for sustainable growth? The author offers a novel theory of innovation systems with concrete case studies to illustrate its usefulness.

Innovation in the Asia Pacific

Author : Thomas Clarke,Keun Lee
Publisher : Springer
Page : 328 pages
File Size : 48,6 Mb
Release : 2017-10-20
Category : Business & Economics
ISBN : 9789811058950

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Innovation in the Asia Pacific by Thomas Clarke,Keun Lee Pdf

This book promotes the creation of advanced knowledge-based economies driven by innovation networks and the continuous development of human capital and capability. It provides valuable insights into the growing emergence of knowledge-based industries of the Asia Pacific, and highlights research on: modes of creativity and innovation; intellectual property; the components of national innovation systems such as firms, education and training; knowledge and technical infrastructure; and public policy. The Asia Pacific region is currently in the process of transforming from being the manufacturing centre of the global economy to a centre of innovation for the knowledge economy, with the successful IPO of Alibaba in 2014 being a prime example of this shift. From a neo-Schumpeterian perspective, the region is increasingly engaged in shortening and intensifying cycles of innovation. The historic agreement at the Beijing APEC meeting between China and the US to radically reduce carbon emissions indicates that one imperative of this innovation is to contribute to sustainability. The fact that the US Government is moving away from this historic commitment, while the Chinese Government is endorsing the commitment, indicates an emerging opportunity for Asia to lead the world technologically in a vital industrial sector of the future.

Ideas and Innovation in East Asia

Author : Milan Brahmbhatt,Albert Hu
Publisher : Unknown
Page : 128 pages
File Size : 47,6 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931670480

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Ideas and Innovation in East Asia by Milan Brahmbhatt,Albert Hu Pdf

The generation, diffusion, absorption and application of new technology, knowledge or ideas are crucial drivers of development. This paper surveys the diverse approaches to innovation adopted by East Asian economies, the problems faced and outcomes achieved, as well as possible policy lessons. Knowledge flows from advanced countries remain the primary source of new ideas in developing economies. The authors evaluate the role of three main channels for knowledge flows to East Asia - international trade, acquisition of disembodied knowledge and foreign direct investment. The paper then looks at the exceptionally fast growth in domestic innovation efforts in Korea, Taiwan (China), Singapore and China, drawing on information about R&D as well as original analysis of patent and patent citation data. Citation analysis shows that while East Asian innovations continue to draw heavily on knowledge flows from the US and Japan, citations to the same or to other East Asian economies are quickly rising, indicating the emergence of national and regional knowledge stocks as a foundation for innovation. A last section pulls together findings about policies and institutions to foster innovation, under three heads: the overall business environment for innovation (macroeconomic stability, financial development, openness, competition, intellectual property rights and the quality of communications infrastructure), human capital development, and government fiscal support for innovation.

Can East Asia Compete?

Author : Shahid Yusuf,Simon J. Evenett
Publisher : World Bank Publications
Page : 227 pages
File Size : 40,5 Mb
Release : 2002
Category : Business & Economics
ISBN : 9780821349984

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Can East Asia Compete? by Shahid Yusuf,Simon J. Evenett Pdf

East Asian economies of the 1980s and 1990s were among the most competitive exporters of manufactured products and sustained far higher growth rates than other countries, developing or industrial. Although recovery from the effects of the 1997-98 economic crisis began fairly quickly in some countries, others have yet to regain their growth momentum. Future competitiveness will depend on innovative capability in manufacturing and services, grounded in stronger institutions, improved macroeconomic policies, and closer regional coordination.

Ideas and Innovation in East Asia

Author : Milan Brahmbhatt
Publisher : Unknown
Page : 50 pages
File Size : 50,9 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290703257

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Ideas and Innovation in East Asia by Milan Brahmbhatt Pdf

The generation, diffusion, absorption and application of new technology, knowledge or ideas are crucial drivers of development. This paper surveys the diverse approaches to innovation adopted by East Asian economies, the problems faced and outcomes achieved, as well as possible policy lessons. Knowledge flows from advanced countries remain the primary source of new ideas in developing economies. The authors evaluate the role of three main channels for knowledge flows to East Asia - international trade, acquisition of disembodied knowledge and foreign direct investment. The paper then looks at the exceptionally fast growth in domestic innovation efforts in Korea, Taiwan (China), Singapore and China, drawing on information about Ramp;D as well as original analysis of patent and patent citation data. Citation analysis shows that while East Asian innovations continue to draw heavily on knowledge flows from the US and Japan, citations to the same or to other East Asian economies are quickly rising, indicating the emergence of national and regional knowledge stocks as a foundation for innovation. A last section pulls together findings about policies and institutions to foster innovation, under three heads: the overall business environment for innovation (macroeconomic stability, financial development, openness, competition, intellectual property rights and the quality of communications infrastructure), human capital development, and government fiscal support for innovation.

Innovation in East Asia

Author : Michael Hobday
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 47,5 Mb
Release : 1995
Category : Business & Economics
ISBN : STANFORD:36105012421561

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Innovation in East Asia by Michael Hobday Pdf

A series of detailed case studies is used not only to show how individual companies developed, but also how large groups of firms formed industrial clusters from behind the technology frontier. Taiwan, South Korea, Hong Kong and Singapore have emerged as dynamic and distinct forces for growth and innovation. Increasingly the competitive challenge to Japan comes from these countries rather than from Europe and America.

Innovation for Development and the Role of Government

Author : Qimiao Fan
Publisher : World Bank Publications
Page : 232 pages
File Size : 48,9 Mb
Release : 2009
Category : Business & Economics
ISBN : UCSD:31822037148525

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Innovation for Development and the Role of Government by Qimiao Fan Pdf

"Innovation for Development and the Role of Government is a collection and expansion of papers given at the 2006 "Innovation for Development" forum held in Shanghai, China. The authors include senior government officials, international experts, and scholars. The book will be a fascinating read for those involved or interested in business, economics, finance, government, innovation, public policy, taxes, technology, or East Asia."--BOOK JACKET.

Agricultural Innovation in Developing East Asia

Author : Riikka Rajalahti
Publisher : World Bank Publications
Page : 221 pages
File Size : 41,6 Mb
Release : 2021-12-29
Category : Business & Economics
ISBN : 9781464816819

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Agricultural Innovation in Developing East Asia by Riikka Rajalahti Pdf

Agricultural innovation has played a critical role in the economic transformation of developing East Asian countries over the past half century. The Green Revolution—in the form of modern seed varieties, chemical fertilizers, pesticides, and modern machinery—has contributed to increased crop yields and farm incomes, and decreased poverty across the region. Although policy makers’ traditional focus on expanding and intensifying agricultural production has brought many benefits, the focus on productivity has come at a rising cost. The environmental sustainability of agricultural production is increasingly under threat. Moreover, as countries in the region have become more urbanized and demand for processed foods has risen, inadequate food safety systems and related food safety hazards have created a new form of food insecurity. As detailed in Agricultural Innovation in Developing East Asia: Productivity, Safety, and Sustainability, a new generation of innovation in agriculture has the potential to address the challenges of productivity, sustainability, and food safety to deliver a “triple win.†? To make the most of this promising wave of agricultural innovations, policy makers in the region will need to act to strengthen countries’ agricultural innovation systems. This effort will require a cross-cutting approach, including policy and institutional reforms, improved governance of countries’ agri-food systems, and efforts to build farmers’ and firms’ capacities to adopt new technologies and to innovate.

Managing the Transition to a Low-Carbon Economy

Author : Bindu N. Lohani,Masahiro Kawai,Venkatachalam Anbumozhi
Publisher : Brookings Institution Press
Page : 416 pages
File Size : 48,8 Mb
Release : 2016-03-08
Category : Business & Economics
ISBN : 9784899740582

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Managing the Transition to a Low-Carbon Economy by Bindu N. Lohani,Masahiro Kawai,Venkatachalam Anbumozhi Pdf

Asia must be at the center of the global fight against climate change. It is the world’s most populous region, with high economic growth, a rising share of global greenhouse gas emissions, and the most vulnerability to climate risks. Its current resource- and emission-intensive growth pattern is not sustainable. This study recognizes low-carbon green growth as an imperative—not an option—for developing Asia. Asia has already started to move toward low-carbon green growth. Many emerging economies have started to use sustainable development to bring competitiveness to their industries and to serve growing green technology markets. The aim of this study is to share the experiences of emerging Asian economies and the lessons learned. The book assesses the low-carbon and green policies and practices taken by Asian countries, identifies gaps, and examines new opportunities for low-carbon green growth.

World Bank East Asia and Pacific Economic Update, April 2024

Author : World Bank
Publisher : World Bank Publications
Page : 118 pages
File Size : 43,8 Mb
Release : 2024-04
Category : Business & Economics
ISBN : 9781464821028

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World Bank East Asia and Pacific Economic Update, April 2024 by World Bank Pdf

Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial conditions, and an increase in trade protection and industrial support in large and rich countries are key aspects of the external environment shaping the region's economic performance. Amplified public and private debt, constrained macroeconomic policy, and increased policy uncertainty are the major domestic issues. EAP's current macroeconomic challenges risk obscuring the microeconomic foundations of longer-term growth. Over the last decade, EAP's growth has been driven by investment and capital deepening rather than by increased productivity of firms. Now private investment is weak and productivity declining†“further inhibiting the incentive to invest. Firms are the protagonists of productivity growth. Some of the weaker firms in EAP countries are beginning to catch up with stronger firms. But the stronger firms in the region are failing to take full advantage of new technologies: regional leaders risk becoming global laggards. Bold policy action to unleash competition, improve infrastructure and reform education with measured state support could revitalize the region's economy.

Economic Growth with Equity

Author : Kevin Watkins
Publisher : Oxfam Pub
Page : 162 pages
File Size : 48,9 Mb
Release : 1998
Category : East Asia
ISBN : UCSD:31822026116277

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Economic Growth with Equity by Kevin Watkins Pdf

Kevin Watkins analyses the manner in which the economies of East Asia have attained high economic growth rates and managed to share the prosperity widely. A caveat is included as some groups have been excluded from these benefits on ethnic grounds.