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Author: Timo J. Hämäläinen
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
The current paradigm shift in the world economy is challenging the traditional competitiveness and growth theories with their few explanatory variables. This book offers a more holistic framework to synthesise the key findings of the various branches of competitiveness and growth research. The author illustrates this framework with a new long wave theory of socio-economic development. This theory emphasises the competitiveness and growth benefits of rapid structural adjustment in the rapidly changing techno-economic environment. Based on thorough analysis the author argues that both markets and governments have become less efficient due to the current transformation of the world economy. His empirical data from 22 OECD countries in the 1980s and 1990s illustrates that efficiency and growth-oriented governments have significantly contributed to their countries' economic success. National Competitiveness and Economic Growth will furnish its readers with a better understanding of the interdependencies of many important but seemingly unrelated aspects of modern economies and societies, for example the dynamics of business and technology, and cultural and institutional change. It will appeal to economists, business professionals and policymakers with a special interest in the competitiveness and growth of firms and national economies as well as the long-term development of socio-economic systems.
Author: Timo J. Hämäläinen
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
The current paradigm shift in the world economy is challenging the traditional competitiveness and growth theories with their few explanatory variables. This book offers a more holistic framework to synthesise the key findings of the various branches of competitiveness and growth research. The author illustrates this framework with a new long wave theory of socio-economic development. This theory emphasises the competitiveness and growth benefits of rapid structural adjustment in the rapidly changing techno-economic environment. Based on thorough analysis the author argues that both markets and governments have become less efficient due to the current transformation of the world economy. His empirical data from 22 OECD countries in the 1980s and 1990s illustrates that efficiency and growth-oriented governments have significantly contributed to their countries' economic success. National Competitiveness and Economic Growth will furnish its readers with a better understanding of the interdependencies of many important but seemingly unrelated aspects of modern economies and societies, for example the dynamics of business and technology, and cultural and institutional change. It will appeal to economists, business professionals and policymakers with a special interest in the competitiveness and growth of firms and national economies as well as the long-term development of socio-economic systems.
Author: Hien Phuc Nguyen
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN:
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
The author presents an empirical study on Vietnam's national competitiveness by using mixed methods research (qualitative and quantitative) with a combination of hard and soft data. The result shows that production resources (human, infrastructure, capital and natural resources) have played the most important role in improving competitiveness, productivity and living standard in Vietnam in the last two decades. The author also analyzed and evaluated the competitiveness of the Vietnamese economy, and pointed out the remaining weaknesses of competitiveness compared to the selected regional countries such as shortage of production resources supply, a dominance of inefficient state-owned enterprises and its slow reform, and weak public institutions as well as inefficient government governance. These weaknesses have led Vietnam's competitiveness, productivity and economic growth to remain low, especially compared to China. Finally, the author attempts to provide some recommendations enhancing the competitiveness, productivity, and citizens' living standard in Vietnam in the long term.
Author: Sławomir I. Bukowski
Publisher: Routledge
ISBN: 1000373282
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
The success of an economy to adapt quickly, flexibly, and effectively to the demands of the changing international economic environment can only be investigated using the achievements of other national economies or regions as a benchmark. This book analyzes the fundamental factors of competitiveness, which will, in turn, facilitate economic development and growth, in the new post-crisis environment. In the economic, social, legal, and technological environment that has emerged in recent years, as well as in the period after the recent financial crisis, it is critical to define, assess, and implement new pathways to competitiveness and economic development. The book covers all aspects of competitiveness and economic growth, from financial intermediaries to tourism and the digital economy, and from regulation and corporate governance to exchange rate dynamics and monetary policy issues. It uses empirical findings from a variety of different countries with divergent economic structures and policies. It examines the new system of production, and the technological, commercial, financial and institutional environment, with the aim of recommending a proportional division of benefits and costs of economic growth. It offers a fresh, holistic, and flexible concept to underscore the new relationship between competitiveness and economic growth. Such an approach is needed, whereby competitiveness is no longer a zero-sum game between countries, but is achievable for all countries. The book recommends future directions and offers policy solutions, and as such, will appeal to students, researchers, and policymakers, as well as those interested in the role of competitiveness in the operation of markets, productivity, and economic development, and how it might foster innovation and growth.
Author: Edward J. Malecki
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This study examines the effects of technological change on economic growth and development, synthesizing extensive research from multiple disciplines, including geography and planning, regional science, entrepreneurship, technology policy and economics. It uses the framework of regional development to encompass economic dynamics at all spatial scales: national, regional and local. The concept of regional development is introduced as the qualitative or structural features of a region's economy, as opposed to its sheer size or growth rate. The analysis also examines the core-periphery dichotomy, where the core is defined as a set of regions in which complexity, technology, and control are the norm, and where linkages to other nodes and the global system are common. The discussion also draws a distinction between economic growth and economc development; the former designates increases in population within a specific area, or increases in the quantity or the value of the goods and services, and does not necessarily lead to qualitative improvements in life, the way development does. Technological capability is closely related to capability in R&D. Economic change, including technological change, is an evolutionary process. Much technological change is cumulative within firms, and within regions and nations. The analysis explains some reasons behind this phenomenon. It then focuses on the internal organization of R&D within firms. Issues of strategy, organization and external relationships are the means of competing in a setting of rapid technological and political change. R&D is necessary for competitiveness, but not enough; conventional strategies are changing to encompass people -- their contacts and skills -- as another vital basis for success of firms in new technologies and in alliances and other cooperations. The location of economic activities is explored. There are two major sets of influences on the innovativeness and competitiveness of places: (1) technical skills and information are key in the process of technological change and competition; and (2) urban areas contain a complex synergy of factors that smaller, more remote places cannot attain. Producer services, which are strongly based on knowledge and symbolic analysis, are therefore typically clustered in cities. Small firms and entrepreneurship are examined as a crucial part of a well-functioning regional economy. Research has demonstrated the close relationship between entrepreneurship and regional and local development. Innovativeness developed within local inter-firm networks both supports existing firms and presents opportunities for starting new businesses in order to serve newly identified markets. Networks of firms complement and sometimes substitute for a firm's own technological capability. Networks of large firms and the globalization of economic activity are then considered. Policy attempts at national, regional and local scales to influence the location of economic activity are analyzed. The economic progress and prospects of developing countries are assessed. Policies for innovation, entrepreneurship, and the functioning of the economy are essential, and require flexibility in order to respond to changing conditions in the world economy, in specific product markets, and in technology. Concludes with a discussion of some of the central themes that were facing society at the end of the 1990s, including basic needs for human development, environmental issues, employment and human capital, and infrastructures for future technologies. (AT).
Author: Eric A. Hanushek
Publisher: MIT Press
ISBN: 026254895X
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.
Author: Dale Weldeau Jorgenson
Publisher: Edward Elgar Publishing
ISBN: 1847208746
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
In recent years there have been huge improvements in the methods and data to measure and analyze the sources of economic growth around the world. This volume on the growth accounts for four core economies in East Asia is a vital contribution to our understanding of the dynamics of growth. Bart van Ark, University of Groningen, The Netherlands The outstanding economic performance of East Asian countries has been investigated in numerous studies. However, most comparative studies analyze macro-level productivity. In this book, the productivity performance of China, Korea, Japan, Taiwan and the United States are compared at industry level. The work is a result of an international collaborative research project by RIETI (Research Institute of Economy, Trade and Industry), Japan. The total factor productivity growth and level amongst these five countries sheds new light on the industrial competitiveness of growing Asian economies compared to Japan and the United States. In addition, this book provides detailed information on productivity datasets for these five countries. Productivity in Asia will strongly appeal to scholars of Asian studies, industrial organization and economics as well as those interested in productivity statistics.
Author:
Publisher:
ISBN: 9781466683501
Category : Competition
Languages : en
Pages : 0
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Book Description
"This book explores the emergence of new ideas and opportunities in various markets and provides organizational leaders with the tools they need to take full advantage of those opportunities, focusing on economic growth in a fast-paced environment"--
Author: Raj Nallari
Publisher: World Bank Publications
ISBN: 1464800499
Category : Business & Economics
Languages : en
Pages : 150
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Book Description
Competition, competitiveness, innovation and growth are inherently linked. This book covers the main ideas underlying competitiveness and its applications, drawing lessons for developing economies and relevant policy recommendations.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309057299
Category : Political Science
Languages : en
Pages : 451
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Book Description
Author: Michael J Andrews
Publisher: University of Chicago Press
ISBN: 022681078X
Category : Business & Economics
Languages : en
Pages : 633
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Book Description
"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--
