Search Results for: The Economics Of The Latecomers

The Economics of the Latecomers

The Economics of the Latecomers

Author: Jang-Sup Shin

Publisher: Routledge

ISBN: 9781134685585

Category: Business & Economics

Page: 232

View: 872

This book examines the spectacularly successful economies of East Asia, Japan and South Korea. The comparison of the 'catching-up' process in Japan and South Korea includes studies of the iron and steel and semi-conductor industries. The author shows the difficulties involved in trying to detect general patterns of development, as both countries appear to respond to different technological imperatives. As a result general models of development should be treated with caution, given the need to consider different historical and institutional contexts.

The Economics of the Latecomers

The Economics of the Latecomers

Author: Jang-Sup Shin

Publisher: Psychology Press

ISBN: 0415140552

Category: Business & Economics

Page: 232

View: 115

Is 'backwardness' a disadvantage? Alexander Gerschenkron developed a model of economic development in which less-developed countries are not necessarily at a disadvantage to more advanced countries. The application of new strategies and the emergence of new institutions could systematically compensate for inadequate supplies of capital, skilled labour, entrepreneurship and technology found in the more advanced economies. With this in mind, The Economics of the Latecomers attempts to explicate the 'catching-up' process of the most spectacularly successful economies of East Asia, Japan and South Korea. Combining insights from economic history, development economics and the economics of technology, the book emphasises the need for historical models to understand historical processes. This perspective enables the author to demonstrate the limitations of neo-Schumpeterian approaches and the New Institutional Economics as means of analysing the development process.

Latecomers in the Global Economy

Latecomers in the Global Economy

Author: Michael Storper

Publisher: Routledge

ISBN: 9781134751976

Category: Business & Economics

Page: 344

View: 676

Drawing on the example of late-developing countries, especially from East Asia, catching up with established powers, the authors address a new formulation of industrial policy for latecoming, semi-industrialized countries. With contributions from some of the best-known economists currently working in this area, the book will be a valuable guide for economists and international policy-makers interested in development issues.

Elgar Encyclopedia on the Economics of Knowledge and Innovation

Elgar Encyclopedia on the Economics of Knowledge and Innovation

Author: Antonelli, Cristiano

Publisher: Edward Elgar Publishing

ISBN: 9781839106996

Category: Business & Economics

Page: 579

View: 712

A landmark reference work in the field, this Elgar Encyclopedia presents over 60 entries from scholars that have shaped the making of the economics of innovation as a distinct and specialised field of investigation within the broad range of economic disciplines. This will be a critical read for economics scholars, particularly those focusing on knowledge and innovation as it offers an understanding of the definitions of key terms in the field, the founding tenets of the topic, and the economics of knowledge and innovation in more specific contexts.

Global Manufacturing And Secondary Innovation In China: Latecomer's Advantages

Global Manufacturing And Secondary Innovation In China: Latecomer's Advantages

Author: Xiaobo Wu

Publisher: World Scientific

ISBN: 9789811224805

Category: Business & Economics

Page: 304

View: 713

Innovation studies have long been confined to the theoretical system established by the scholars of developed countries in the West. It is difficult to use these studies to understand the real nature and law of technological innovation in developing countries. This book, in an innovative manner, studies the theoretical system of secondary innovation, and reveals the evolution law and dynamic innovation mode of the activities carried out by technologically backward countries. It does so by laying an important foundation for the development of management science theory on the basis of the standpoint and characteristics of developing countries.

Latecomer Development

Latecomer Development

Author: Banji Oyelaran-Oyeyinka

Publisher: Routledge

ISBN: 9781135232986

Category: Business & Economics

Page: 264

View: 369

The most important issue for development centres on the debate about the centrality of knowledge, technology and innovation to the process of economic development. While this much is broadly agreed, what is at issue is the precise mechanics of overcoming economic development challenges in different contexts. At the heart of it all is about how economies at different levels deploy the unending streams of information and knowledge to developmental ends. In time, the notion of income convergence between the poorer South and the wealthy North has proved a mirage, while a new economic divide has in fact occurred within the South itself, and as well, between regions and within regions. The debate relating to latecomers is thus framed in discussions about regions and countries that arrive late to mastering industrialization in achieving economic prosperity through the use of knowledge. In other words, a new divide has emerged among the latecomers themselves, and with it, greater conceptual complexity in the ways of our understanding of the divergent ways of economic development. We have thus separated "fast followers" and new "late comers". This book enters this debate acutely aware of the complexity of this process. The authors argue that economic development is largely driven by innovation, concentrating on the dynamics of process, product and organizational changes and how they are embedded within specific and varied contextual institutions.

The Economic Development Process in the Middle East and North Africa

The Economic Development Process in the Middle East and North Africa

Author: Alessandro Romagnoli

Publisher: Routledge

ISBN: 9781134447251

Category: Business & Economics

Page: 268

View: 277

Offering a comprehensive analysis of the development of economies in the Middle East and North Africa over the past half century, this book charts the progress of these countries through an examination of an Islamic model of economic development, reform processes, and economic integration. Far from being a simple process, economic development in the Middle East and North Africa is dependent on the interaction of a set of changing systems including; international relations, the political regime, economy, and society. By analysing these interdependent factors, The Economic Development Process in MENA seeks to provide answers to the most pressing issues facing the economies in this area. Providing an interpretation of regional development in light of dialectics between state and society, this book will be of value to students and scholars with an interest in the Middle East, Economics, and International Relations.

Latecomer Development

Latecomer Development

Author: Oyebanji Oyelaran-Oyeyinka

Publisher:

ISBN: 9780415560115

Category: Business & Economics

Page: 241

View: 151

The most important issue for development centres on the debate about the centrality of knowledge, technology and innovation to the process of economic development. While this much is broadly agreed, what is at issue is the precise mechanics of overcoming economic development challenges in different contexts. At the heart of it all is about how economies at different levels deploy the unending streams of information and knowledge to developmental ends. In time, the notion of income convergence between the poorer South and the wealthy North has proved a mirage, while a new economic divide has in fact occurred within the South itself, and as well, between regions and within regions. The debate relating to latecomers is thus framed in discussions about regions and countries that arrive late to mastering industrialization in achieving economic prosperity through the use of knowledge. In other words, a new divide has emerged among the latecomers themselves, and with it, greater conceptual complexity in the ways of our understanding of the divergent ways of economic development. We have thus separated "fast followers" and new "late comers". This book enters this debate acutely aware of the complexity of this process. The authors argue that economic development is largely driven by innovation, concentrating on the dynamics of process, product and organizational changes and how they are embedded within specific and varied contextual institutions.

Role and Dynamics of "late-comers" in the Global Technology Competition

Role and Dynamics of

Author: Chung Anh Tran

Publisher: KIT Scientific Publishing

ISBN: 9783866446489

Category: Business

Page: 242

View: 886

Faster developing cycles and economic developments created many emerging economies in the 20th century. For sustainable economic growth, however, the construction and constant preservation of a profound knowledge base and technological pool is crucial. Brazil, China, India and Russia, experienced constant high economic growth rates and begun to evolve to solid economies which are challenging the established players. This book consists of a profound empirical analysis of these emerging economies.

Big Steel

Big Steel

Author: Daniel Madar

Publisher: UBC Press

ISBN: 9780774858755

Category: Business & Economics

Page: 248

View: 255

World steel production has grown dramatically as countries industrialize and add their own steel-producing capacity. China's prodigious expansion of steel output has increased the industry's natural vulnerability to oversupply and volatile prices. And the merger of the two largest steelmakers, Arcelor and Mittal, portends consolidation as a prime strategy for diversification and stabilization. This book examines the competition and survival strategies of the integrated steel industry from various vantage points including cost structures and technology, export pricing strategies, the economics of trade protection, Paul Krugman's Nobel Prize-winning explanation of industrial diffusion and trade, and the prospects of cooperating closely with automakers. The industry's future, Big Steel shows, is cosmopolitan.

The Soul of the German Historical School

The Soul of the German Historical School

Author: Yuichi Shionoya

Publisher: Springer Science & Business Media

ISBN: 9780387230856

Category: Business & Economics

Page: 207

View: 715

This volume is a collection of my essays on Gustav von Schmoller (1838– 1917), Max Weber (1864–1920), and Joseph Alois Schumpeter (1883–1950), published during the past fifteen years. These three intellectual giants are connected with the German Historical School of Economics in different ways. In the history of economics, the German Historical School has been described as a heterodox group of economic researchers who flourished in the Germ- speaking world throughout the nineteenth century. The definition of a “school” is always problematic. Even if the core of a certain idea were identified in the continuous and discontinuous process of the filiation and ramification of thought, it is still possible to trace its predecessors, successors, and sympathizers in different directions, creating an amorphous entity of a school. It is beyond question, however, that Schmoller was the leader of the younger German Historical School, the genuine school with a sociological 1 reality. Schmoller was indeed the towering figure of the Historical School at its zenith.