The Challenges of Technology and Economic Catch-up in Emerging Economies PDF Download
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Author: Jeong-Dong Lee
Publisher: Oxford University Press
ISBN: 019264937X
Category : Business & Economics
Languages : en
Pages : 517
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Book Description
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.
Author: Keun Lee
Publisher:
ISBN: 9780191939860
Category : China
Languages : en
Pages : 704
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Book Description
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.
Author: Becky Logan
Publisher:
ISBN: 9780989855501
Category :
Languages : en
Pages : 157
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Book Description
If like me you were born in the 50's, 60's or 70's we were born too early to have grown up with technology, but we are not old enough to ignore it. This first book in The Retired Housewife's Guides for the Technically Challenged is intended to get you caught up. It is written in clear, easy to understand language with little or no assumptions of prior knowledge. * In section 1 I discuss hardware. The chapters are: desktop computers and laptops; tablets and hybrids; smartphones; entertainment devices; and peripherals. * Section 2 starts with the operating system (focusing on Windows, sorry Mac users). I then explain the different types of programs and apps available. The last chapter of this section I walk you through how I learn new software and applications. * Technology is everywhere and section 3 highlights some of the technology that we use every day including: photos, media, communications and options available in some newer models of cars. * Section 4 begins with how the internet works and concludes with the basics of social media. Along the way I discuss the search engine and blogging. I have included an extensive glossary of terms. I have also included many ways that you can get in touch with me to ask questions, offer suggestions for future books and receive technology tips (#techtips) and information on future books. We are not dummies we have just been busy for the last 20 years. So fix a drink (recipes included) sit back and get caught up.
Author: Laura Brandenburg
Publisher:
ISBN: 9780983861126
Category : Business
Languages : en
Pages : 244
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Book Description
You may be wondering if business analysis is the right career choice, debating if you have what it takes to be successful as a business analyst, or looking for tips to maximize your business analysis opportunities. With the average salary for a business analyst in the United States reaching above $90,000 per year, more talented, experienced professionals are pursuing business analysis careers than ever before. But the path is not clear cut. No degree will guarantee you will start in a business analyst role. What's more, few junior-level business analyst jobs exist. Yet every year professionals with experience in other occupations move directly into mid-level and even senior-level business analyst roles. My promise to you is that this book will help you find your best path forward into a business analyst career. More than that, you will know exactly what to do next to expand your business analysis opportunities.
Author: Jeong-Dong Lee
Publisher: Oxford University Press
ISBN: 019264937X
Category : Business & Economics
Languages : en
Pages : 517
Get Book Here
Book Description
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.
Author: Keun Lee
Publisher: Oxford University Press
ISBN: 0192663356
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
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.
Author: Cristian Alonso
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 33
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Book Description
While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services, but agriculture remains the predominant employer. Catch up to the technological frontier has been uneven, with limited progress in agriculture, but also in construction and trade, which have grown the most in terms of employment. We do find some Indian firms already operating at the technological frontier. These strong performers tend to be large firms. We then consider India’s employment challenge going forward. We find that India needs to create between 143-324 million jobs by 2050 and that doing so and with workers shifting towards more dynamic sectors could boost GDP growth by 0.2-0.5 percentage points. Structural reforms can help India create high-quality jobs and accelerate growth.
Author: Andreas Pyka
Publisher: Springer Science & Business Media
ISBN: 3642158862
Category : Business & Economics
Languages : en
Pages : 293
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Book Description
This book discusses the influence of technological and institutional change on development and growth, the impact on innovation of labor markets, the spatial distribution of innovation dynamics, and the meaning of knowledge generation and knowledge diffusion processes for development policies. The individual articles demonstrate the powerful possibilities that emerge from the toolkit of evolutionary and Schumpeterian economics. The book shows that evolutionary economics can be applied to the multi-facetted phenomena of economic development, and that a strong orientation on knowledge and innovation is key to development, especially in less developed and emerging economies.
Author: Andreas Pyka
Publisher: Springer Nature
ISBN: 3030849317
Category : Business & Economics
Languages : en
Pages : 430
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Book Description
This volume presents selected contributions from the 2018 conference of the International Schumpeter Society (ISS). The selected chapters in this volume reflect the state-of-the-art of Schumpeterian economics dedicated to the three conference topics innovation, catch-up, and sustainability. Innovation is driving catch-up processes and is the condition for a transformation towards higher degrees of sustainability. Therefore, Schumpeterian economics has to play a key role in these most challenging fields of human societies’ development in the 21st century. The three topics are well suited to capture the great variety of issues, which have the potential to shape the scientific discussion in economics and related disciplines in the years to come. The presented contributions show the broadness and high standard of Schumpeterian analysis. The ideas of dynamics, heterogeneity, novelty, and innovation as well as transformation are the most attractive fields in economics today and offer the most prolific interdisciplinary connections now and for the years to come when humankind, our global society, has to master the transition towards sustainable economic systems by solving the grand challenges and wicked problems with which we are confronted today. Therefore, the book is a must-read for scholars, researchers, and students, interested in a better understanding of innovation, catch-up, and sustainability, and Schumpeterian economics in general. The chapter “Industrial life cycle: relevance of national markets in the development of new industries for energy technologies – the case of wind energy” is available open access under a CC BY 4.0 License via link.springer.com.
Author: Jang-Sup Shin
Publisher: Psychology Press
ISBN: 9780415140553
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Is late industrialization an advantage? This book examines the case of South Korea and compares it with the experiences of Germany at the turn of the century and Japan this century.
Author: David A Dyker
Publisher: World Scientific
ISBN: 1783260793
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
In this collection of essays David A Dyker explores some of the most difficult and fascinating aspects of the process of transition from autocratic “real socialism” to a capitalism that is sometimes democratic, sometimes authoritarian. The stress is on the economic dimension of transformation, but the author sets the economic drama firmly within a political economy framework and a historical perspective. Trends in key economic variables are analysed against the background of the struggle between different social and political groups for power and command over resources. While the book pays due attention to topical issues like EU enlargement, the underlying perspective is a long-term one. Transition is viewed not as a set of once-and-for-all institutional changes or a process of short-term stabilisation, but as a historic opportunity to solve the inherited problem of poverty and underdevelopment in Central-East Europe and the former Soviet Union. The book ends with a critical assessment of how economics, as a discipline, has coped with the challenge of that historic opportunity.
