Catching up through technology absorption

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3656292515
Total Pages : 16 pages
Book Rating : 4.6/5 (562 download)

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Book Synopsis Catching up through technology absorption by : Konrad Liebig

Download or read book Catching up through technology absorption written by Konrad Liebig and published by GRIN Verlag. This book was released on 2012-10-18 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2010 in the subject Economics - Industrial Economics, grade: 70/100, Stellenbosch Universitiy (Economics), course: Economics of Technological Change, language: English, abstract: A country ́s economic performance and wealth is clearly linked to the degree of the country ́s industrialization process. This process is in turn connected with the diffusion of technology within and into the country (Clark et al. 1993). In the special case of developing countries the next step of industrialization must not even be an innovative one because the technology already exists in developed countries (Henry/Kneller/Milner 2009). Additionally the absorption of newer technologies should even become easier the bigger the lag to the technical frontier becomes. Hence, it has to be questioned why many developing countries are not able to efficiently overtake and use technologies from developed countries to reduce their lack of development although those technologies seem to be so easily available. The expansion of information and communication technology should make the access to them even easier. Another important point is that reaching a certain level of industrialization enables a country ́s industry to be innovative itself by adjusting existing technologies or by creating new connections between different “old” technologies. In this way further development could be reached like the economic success stories of East Asian countries, e.g. South Korea, show. It has to be questioned which lessons today ́s developing countries mainly in Africa can learn from these countries while keeping in mind that they do have other specific preconditions. This essay is structured as follows. It starts with outlining some necessary definitions. It is followed by an observation which requirements developing countries need to successfully absorb technologies. Afterwards it provides a look at the special case of South Korea and its development that shows how technology absorption could look like in a developing country. Then the essay continues with a guideline for a government ́s trade and technology policy before it ends with some final conclusions.

Fostering Technology Absorption in Southern African Enterprises

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821388185
Total Pages : 225 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Fostering Technology Absorption in Southern African Enterprises by : The World Bank

Download or read book Fostering Technology Absorption in Southern African Enterprises written by The World Bank and published by World Bank Publications. This book was released on 2011-09-16 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: While economic theory considers technological progress to be a key factor for sustained long-term economic growth and job creation, technology absorption is particularly an important driver for 'catch-up growth.' This study seeks to identify channels of technology transfer and absorption for Southern African enterprises, constraints to greater technology absorption, and discuss policy options open to governments and the private sector in light of relevant international experience. It has been done based on sector and enterprise case studies carried in four countries: South Africa, Mauritius, Lesotho and Namibia. This study uses a combination of econometric and in depth case study analyses to investigate the presence of specific channels of absorption and the various constraints that the firms face to effectively absorb this technology. There is evidence of learning by exporting, and spillovers from FDI underscoring the importance of trade and FDI as important channels of absorption. The study finds that four countries while open to trade and FDI face a number of constraints that inhibit them from maximizing the economic benefits from technology absorption. These constraints include a major skills mismatch, insufficient research and development and ineffective industry-research linkages. While outlining broad policy directions in four areas namely increasing skills supply, fostering learning through trade, increasing domestic spillovers from FDI and incentivizing greater firm level research and development, it lays out some priority areas for each of the four countries. We hope that the issues discussed and the dialogue initiated during the course of this study would lend itself to policy design to foster technology absorption with a view to higher growth and job creation in this highly globalized world.

75 Wasted Years, Let us Catch Up and Leapfrog

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Author :
Publisher : Notion Press
ISBN 13 :
Total Pages : 1080 pages
Book Rating : 4.8/5 (862 download)

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Book Synopsis 75 Wasted Years, Let us Catch Up and Leapfrog by : Vikram Sinha

Download or read book 75 Wasted Years, Let us Catch Up and Leapfrog written by Vikram Sinha and published by Notion Press. This book was released on 2022-08-02 with total page 1080 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author tears into the false narrative of India’s progress since independence and the mirage of a glorious future, created by the political class and the bureaucracy. With facts, data, and a touching narration he reveals the plight of the poor and the unemployed through the decades. One of the most agonizing facts that he highlights is that since independence, India has fallen 100 places behind other countries in GDP per capita; and with Bangladesh overtaking India on this parameter, India is destined to remain the poorest large country in the world. The book illustrates how Indians have become hostage to a crippled system that is unable to deliver. Power brokers in the garb of politicians, entrenched bureaucracy driven by self-interest, ineffective judiciary, and elements of the fourth estate along with self-seeking pseudo-intellectuals have formed a powerful coalition to thwart any change in the system and policies which is essential for the transformation of India, initiated from time to time by some progressive governments. Based on his diagnosis of why India continues to fall by the wayside as also his insights into strategies, governance systems, and best practices of countries like South Korea, China, and others, the author evolves a framework for the strategic transformation of India to ‘Catch Up and Leapfrog’ these countries.

Economic Catch-up and Technological Leapfrogging

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785367935
Total Pages : 392 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Economic Catch-up and Technological Leapfrogging by : Keun Lee

Download or read book Economic Catch-up and Technological Leapfrogging written by Keun Lee and published by Edward Elgar Publishing. This book was released on 2016-08-26 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Industrial Development and Technology : Absorption in the Indian Steel Industry

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Author :
Publisher : Allied Publishers
ISBN 13 : 9788177647945
Total Pages : 136 pages
Book Rating : 4.6/5 (479 download)

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Book Synopsis Industrial Development and Technology : Absorption in the Indian Steel Industry by : Hiroyuki Oba

Download or read book Industrial Development and Technology : Absorption in the Indian Steel Industry written by Hiroyuki Oba and published by Allied Publishers. This book was released on 2005 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Varieties and Alternatives of Catching-up

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Author :
Publisher : Springer
ISBN 13 : 1137597801
Total Pages : 314 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Varieties and Alternatives of Catching-up by : Yukihito Sato

Download or read book Varieties and Alternatives of Catching-up written by Yukihito Sato and published by Springer. This book was released on 2016-07-15 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds new light on the advancement of various industries in developing Asian countries through an application and re-examination of catch-up industrialization theory. With contributors presenting their own perspectives on the progression of a range of different industries in Asia, this volume provokes readers to reconsider their current understanding of industrialization in latecomer countries. More specifically, the chapters discuss Taiwan's semiconductor industry, Korea's steel industry, and Malaysia's palm oil industry, amongst others. The authors also explore the 'catch-down' innovation strategy in China and India. Varieties and Alternatives of Catching-up provides a thorough analysis of the strategies employed by numerous Asian countries to radically transform their low-income agricultural economies to middle-income industrialized ones. This book is essential reading for researchers and scholars interested in Asian economic development.

China's Technological Leapfrogging and Economic Catch-up

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Author :
Publisher : Oxford University Press
ISBN 13 : 0192663356
Total Pages : 292 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis China's Technological Leapfrogging and Economic Catch-up by : Keun Lee

Download or read book China's Technological Leapfrogging and Economic Catch-up written by Keun Lee and published by Oxford University Press. This book was released on 2021-12-14 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Catch-up and Radical Innovation in Chinese State-Owned Enterprises

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781003823
Total Pages : 160 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Catch-up and Radical Innovation in Chinese State-Owned Enterprises by : Xielin Liu

Download or read book Catch-up and Radical Innovation in Chinese State-Owned Enterprises written by Xielin Liu and published by Edward Elgar Publishing. This book was released on 2021-02-26 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original book is a unique and original study on how, in the past decade, Chinese state-owned enterprises (SOEs) have achieved technological innovation in the large infrastructure sector. It reveals a ‘new world’ of Chinese innovations, showing that SOEs are willing to innovate and more than capable of doing so. Based on findings from first-hand data and years of in-depth observations, this book shows how the innovation ecosystem perspective incentivizes and facilitates Chinese SOEs’ innovation and highlights entrepreneurial role of the government.

Technological Change and Economic Catch-up

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845428174
Total Pages : 296 pages
Book Rating : 4.4/5 (281 download)

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Book Synopsis Technological Change and Economic Catch-up by : Grazia D. Santangelo

Download or read book Technological Change and Economic Catch-up written by Grazia D. Santangelo and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Catching Up and Falling Behind

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Publisher : Imperial College Press
ISBN 13 : 1860945996
Total Pages : 388 pages
Book Rating : 4.8/5 (69 download)

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Book Synopsis Catching Up and Falling Behind by : David A. Dyker

Download or read book Catching Up and Falling Behind written by David A. Dyker and published by Imperial College Press. This book was released on 2004 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of essays David A Dyker explores some of the mostdifficult and fascinating aspects of the process of transition fromautocratic real socialism to a capitalism that is sometimesdemocratic, sometimes authoritarian. The stress is on the economicdimension of transformation, but the author sets the economic dramafirmly within a political economy framework and a historicalperspective. Trends in key economic variables are analysed against thebackground of the struggle between different social and politicalgroups for power and command over resources. While the book pays dueattention to topical issues like EU enlargement, the underlyingperspective is a long-term one. Transition is viewed not as a set ofonce-and-for-all institutional changes or a process of short-termstabilisation, but as a historic opportunity to solve the inheritedproblem of poverty and underdevelopment in Central-East Europe and theformer Soviet Union. The book ends with a critical assessment of howeconomics, as a discipline, has coped with the challenge of thathistoric opportunity.

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

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Publisher : Oxford University Press
ISBN 13 : 019264937X
Total Pages : 517 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis The Challenges of Technology and Economic Catch-up in Emerging Economies by : Jeong-Dong Lee

Download or read book The Challenges of Technology and Economic Catch-up in Emerging Economies written by Jeong-Dong Lee and published by Oxford University Press. This book was released on 2021-06-24 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

ICT Diffusion in Developing Countries

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Publisher : Springer
ISBN 13 : 3319182544
Total Pages : 308 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis ICT Diffusion in Developing Countries by : Ewa Lechman

Download or read book ICT Diffusion in Developing Countries written by Ewa Lechman and published by Springer. This book was released on 2015-06-22 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an extensive overview of the diffusion of Information and Communication Technologies (ICTs) in developing countries between 2000 and 2012. It covers issues such as country-specific ICT diffusion patterns, technological substitution and technological convergence. By identifying social, economic and institutional prerequisites and analyzing critical country-specific conditions, the author develops a new approach to explaining the emergence of their technological takeoff. Readers will discover how developing countries are now adopting ICTs, rapidly catching up with the developed world in terms of ICT access and use.

Innovation, Technology and Hypercompetition

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Author :
Publisher : Routledge
ISBN 13 : 1134147244
Total Pages : 306 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Innovation, Technology and Hypercompetition by : Hans-Werner Gottinger

Download or read book Innovation, Technology and Hypercompetition written by Hans-Werner Gottinger and published by Routledge. This book was released on 2013-01-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an increasingly technologically-led century the striking pattern emerging in firms’ innovative activities is their competition for a technological leadership position in situations best described as races. A 'race' is an interactive pattern characterized by firms constantly trying to get ahead of their rivals, or trying not to fall too far behind. In high technology industries, where customers are willing to pay a premium for advanced technology, leadership translates into increasing returns in the market through positive network externalities. Innovation, Technology and Hypercompetition synthesizes and unifies the various methodological approaches for the industry-specific analysis of fast changing competitive positions driven by relentless innovation (hypercompetition). Game-theoretic and agent-based tools are applied to competitive industries in various market settings and in a global context. Rivalry of this sort is seen to extend to the catching up and forging ahead of regions and nations. In this revealing volume, Hans-Werner Gottinger brings his expert eye to this issue and employs various tools from economic theory to attain this end. He provides the behavioural foundations for what is driving globalization, in this, a volume of interest to academic economists, legal experts, management consultants and practitioners alike.

The Evolution of the World Economy

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781003319
Total Pages : 224 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis The Evolution of the World Economy by : Terutomo Ozawa

Download or read book The Evolution of the World Economy written by Terutomo Ozawa and published by Edward Elgar Publishing. This book was released on 2016-03-25 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is near a critical crossroads, as a rising China, the greatest-ever beneficiary of US-led capitalism, dreams to replace America's supremacy as a new hegemonic power with a non-liberal world order. This third volume of the trilogy on reformulating the ‘flying-geese’ theory explains how capitalism has changed industrial structures across the world. It asks whether the ‘flying-geese’ formation will survive the changes that have produced the East Asian miracle, and – as hoped – spread to Africa. Terutomo Ozawa’s reformulated 'flying-geese' theory explains structural changes as an innovation-driven, ratcheting-up process of economic growth and shows that market-driven multinational corporations are key players for a successful ‘flying-geese’ formation and structural transformation. The book argues that the ‘ladder’ of economic development must be conceived as a double-helix with inter- and intra-industry rungs, the latter embedding cross-border supply chains and adaptive innovations. A thorough exploration of the structural changes under Pax Britannica and Pax Americana – moving from ‘kicking away the ladder’ from emerging economies to then providing it – demonstrates that this trend engenders multinational corporations that can facilitate structural transformation, particularly in catching-up economies. Ozawa shows that China is now in the critical transitional period that requires more sophisticated institutional, socio-political setups, as well as more advanced knowledge and ethics to move from the lower to the higher rungs. This enlightening, accessible and timely conclusion to Ozawa’s trilogy will be of great interest to many, particularly those specialising in international business, economics, political science, and international relations. Academics and practitioners alike will find this an invaluable resource.

The Art of Economic Catch-Up

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1108472877
Total Pages : 305 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis The Art of Economic Catch-Up by : Keun Lee

Download or read book The Art of Economic Catch-Up written by Keun Lee and published by Cambridge University Press. This book was released on 2019-05-16 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.

China's Technological Catch-up Strategy

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Author :
Publisher : Oxford University Press, USA
ISBN 13 : 0199385327
Total Pages : 297 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis China's Technological Catch-up Strategy by : Michael T. Rock

Download or read book China's Technological Catch-up Strategy written by Michael T. Rock and published by Oxford University Press, USA. This book was released on 2015 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1978 China has been remarkably successful in reducing the CO2 intensity of GDP and industry. The book shows how China's industrial and technology policies affecting four energy-intensive industries - aluminium, cement, iron and steel, and paper - have transformed industrial structure within these industries and technological capabilities within enterprises in these industries, and how both types of changes have put each of these industries on substantially lower CO2 emissions trajectories.

Accelerating Catch-up

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821377396
Total Pages : 214 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Accelerating Catch-up by :

Download or read book Accelerating Catch-up written by and published by World Bank Publications. This book was released on 2009 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lays out a rationale, provides supporting evidence, and suggests promising pathways for Sub-Saharan Africa to sustain current economic growth by aligning its tertiary education systems with national economic strategies and labor market needs.