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The Innovation Imperative For Developing East Asia
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Book Synopsis The Innovation Imperative for Developing East Asia by : Xavier Cirera
Download or read book The Innovation Imperative for Developing East Asia written by Xavier Cirera and published by World Bank Publications. This book was released on 2021-05-07 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis To the Frontier and Beyond by : World Bank
Download or read book To the Frontier and Beyond written by World Bank and published by . This book was released on 2020-12-15 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Innovation in the Asia Pacific by : Thomas Clarke
Download or read book Innovation in the Asia Pacific written by Thomas Clarke and published by Springer. This book was released on 2017-10-20 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Ideas and Innovation in East Asia by : Albert Hu
Download or read book Ideas and Innovation in East Asia written by Albert Hu and published by World Bank Publications. This book was released on 2007 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Agricultural Innovation in Developing East Asia by : Riikka Rajalahti
Download or read book Agricultural Innovation in Developing East Asia written by Riikka Rajalahti and published by World Bank Publications. This book was released on 2021-12-29 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Innovation and Learning Experiences in Rapidly Developing East Asia by : Rajah Rasiah
Download or read book Innovation and Learning Experiences in Rapidly Developing East Asia written by Rajah Rasiah and published by Routledge. This book was released on 2013-09-13 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Ideas and Innovation in East Asia by : Milan Brahmbhatt
Download or read book Ideas and Innovation in East Asia written by Milan Brahmbhatt and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Interpreting East Asian Growth and Innovation by : H. Khan
Download or read book Interpreting East Asian Growth and Innovation written by H. Khan and published by Springer. This book was released on 2004-02-09 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Can East Asia Compete? by : Shahid Yusuf
Download or read book Can East Asia Compete? written by Shahid Yusuf and published by World Bank Publications. This book was released on 2002 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Ideas and Innovation in East Asia by : Milan Brahmbhatt
Download or read book Ideas and Innovation in East Asia written by Milan Brahmbhatt and published by . This book was released on 2016 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Innovative East Asia by : Shahid Yusuf
Download or read book Innovative East Asia written by Shahid Yusuf and published by World Bank Publications. This book was released on 2003 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of East Asia in the global economy is now unquestionable, and its market expansion, driven by a population of nearly 1.9 billion, will strongly influence the tempo of international trade and growth of global incomes, However, while the region's economies have amply demonstrated their potential, their future performance is by no means ensured. This book offers an in-depth analysis of the policy trade-offs identified in the recently published Can East Asia Compete? (WB and OUP, 2002). The major contribution of the new book to that it shows how stability can be a stepping-stone to growth that is led by innovation; identifies and analyzes the ingredients of an innovative economy, and discusses how these ingredients mesh with government policy and market initiatives.
Book Synopsis Innovation in East Asia by : Michael Hobday
Download or read book Innovation in East Asia written by Michael Hobday and published by Edward Elgar Publishing. This book was released on 1995 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Post-Industrial East Asian Cities by : Shahid Yusuf
Download or read book Post-Industrial East Asian Cities written by Shahid Yusuf and published by Stanford University Press. This book was released on 2006 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on a wide range of literature and on interviews with firms, this book explores issues of economic growth with a focus on six East Asian cities: Bangkok, Beijing, Seoul, Shanghai, Singapore, and Tokyo. It suggests how policies and institutions can induce and furnish an urban environment that supports innovative activities. A valuable resource for researchers, urban planners, urban geographers, and policy makers interested in East Asia.
Book Synopsis Economic Growth with Equity by : Kevin Watkins
Download or read book Economic Growth with Equity written by Kevin Watkins and published by Oxfam Pub. This book was released on 1998 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Singapore as an Innovative City in East Asia by : Poh Kam Wong
Download or read book Singapore as an Innovative City in East Asia written by Poh Kam Wong and published by World Bank Publications. This book was released on 2005 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The city-state of Singapore has achieved rapid economic development in the past by its positioning as an efficient business hub in Asia. To remain competitive in the global knowledge economy, however, Singapore needs to move beyond efficiency by developing a strong "innovative" edge as well. This paper examines the challenges that Singapore faces in seeking to do so through an explorative survey of 40 firms from three innovative sectors: high-tech manufacturing industries, knowledge-intensive business services (KIBS), and creative content industries. Overall, while the survey confirms Singapore's continuing competitive strength in efficiency infrastructure, it also finds a favorable perception of Singapore as an innovative city. Indeed, many of the industry actors indicated that an efficient business infrastructure is a prerequisite for locating their innovative activities in Singapore, suggesting that the relationship between innovation and efficiency is complementary, rather than substitutional. While the study found that intellectual property and its protection are widely recognized by actors in all three sectors, interesting differences exist. In particular, intellectual property protection appears to be of greater concern to the high-tech research and development-intensive manufacturing sector and the creative contents sector than to the KIBS sector. Another interesting difference is that while competition in high-tech innovation tends to be global, competition in creative content tends to have a stronger local or regional dimension. Public policy in East Asia has traditionally emphasized the development of technological innovation capabilities in the manufacturing sector. In light of the findings, public policymakers may need to be more sensitive to the nuanced differences in policies needed to promote the new creative content industries and the associated supporting KIBS. "--World Bank web site.
Book Synopsis Managing the Transition to a Low-Carbon Economy by : Bindu N. Lohani
Download or read book Managing the Transition to a Low-Carbon Economy written by Bindu N. Lohani and published by Brookings Institution Press. This book was released on 2016-03-08 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Modern China written by Cary Krosinsky and published by Springer Nature. This book was released on 2020-05-23 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Calling for more cooperation between China and the west, this new book by noted author and educator Cary Krosinsky provides readers with an on-the-ground perspective of what’s really happening in China today on the back of its recent economic rise, its desire and need to solve environmental challenges and the new positive dynamic created by its need for foreign capital. In doing so, Krosinsky and his colleagues from the Sustainable Finance Institute and Brown University highlight how China has recaptured its role as a leader in innovation, arguing that current approaches to the relationship hinder global progress on issues such as climate change, inequality, air pollution, food integrity and water security and pushes back on confrontational approaches and attempts to clarify misperceptions about contemporary China. China’s recent rise includes becoming a global leader on green policy and green finance, as it is increasingly leading the way towards modernization through innovation strategies focused on infrastructure, education, healthcare and aspects of clean energy technology, leading to opportunities across private equity, venture capital and green bonds. This creates an exciting opportunity for positive change, with environmental challenges becoming more salient to its own population, adding pressure on the government to provide solutions. China changes faster than any country in the world, creating an opportunity for meaningful, ongoing, positive transitions. Modern China is a call for more cooperation, and makes a clear, cogent case for collaboration in the face of current confrontational approaches. At the same time, dire environmental and social circumstances require an all-hands-on-deck approach. This book provides specific examples of what’s working and what’s needed to compete and thrive in this new paradigm through trusted relationships placed front and center for the future of economies and the betterment of global society.
