The Challenges of Technology and Economic Catch-Up in Emerging Economies
Title | The Challenges of Technology and Economic Catch-Up in Emerging Economies PDF eBook |
Author | Jeong-Dong Lee |
Publisher | Oxford University Press |
Pages | 517 |
Release | 2021 |
Genre | Business & Economics |
ISBN | 0192896040 |
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.
The Challenges of Technology and Economic Catch-up in Emerging Economies
Title | The Challenges of Technology and Economic Catch-up in Emerging Economies PDF eBook |
Author | Jeong-Dong Lee |
Publisher | Oxford University Press |
Pages | 451 |
Release | 2021-06-24 |
Genre | Business & Economics |
ISBN | 019264937X |
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.
The Art of Economic Catch-Up
Title | The Art of Economic Catch-Up PDF eBook |
Author | Keun Lee |
Publisher | Cambridge University Press |
Pages | 305 |
Release | 2019-05-16 |
Genre | Business & Economics |
ISBN | 1108674119 |
In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain point. Yet certain developing countries, most significantly China, have managed to escape this trap. Building on the conception of the ladder from developing to developed countries being kicked way, this book suggests alternative ways, such as 'leapfrogging', in which latecomers can catch up with their forerunners. Providing policy solutions for development challenges in non-technical terms, Lee frames his theories with insightful and inventive allegories. In doing so, Lee also accounts for the catch-up paradox, in which one cannot conclusively catch-up if they are continually trying to follow the path of those ahead. He argues that eventual catch-up and overtaking require pursuing a path that differs from that taken by forerunners. This highly original and accessible book will appeal to students, scholars, practitioners, and anyone interested in economic development and innovation.
Technological Change and Economic Catch-up
Title | Technological Change and Economic Catch-up PDF eBook |
Author | Grazia D. Santangelo |
Publisher | Edward Elgar Publishing |
Pages | 271 |
Release | 2005 |
Genre | Business & Economics |
ISBN | 9781845424824 |
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. This book argues that the relationship between knowledge transfer, innovation and economic growth has been an important mechanism in stimulating economic take-off and growth.
Analysis of Science, Technology, and Innovation in Emerging Economies
Title | Analysis of Science, Technology, and Innovation in Emerging Economies PDF eBook |
Author | Clara Inés Pardo Martínez |
Publisher | Springer |
Pages | 321 |
Release | 2019-05-16 |
Genre | Social Science |
ISBN | 3030135780 |
This book outlines a number of different perspectives on the relationship between science, technology, and innovation in emerging economies. In it, the authors explore the aforementioned relationship as a pillar of economic development, driving growth in emerging economies. Employing a collaborative and interdisciplinary approach, the authors work to determine the main related factors and outcomes of the relationship between science, technology, and innovation, ultimately seeking to guide public policies to enhance the welfare of the population of an emerging economy.
International Technology Transfer and Catch-up in Economic Development
Title | International Technology Transfer and Catch-up in Economic Development PDF eBook |
Author | Slavo Radošević |
Publisher | Edward Elgar Publishing |
Pages | 304 |
Release | 1999 |
Genre | Developing countries |
ISBN |
Reappraises the role of international technology transfer in economic development in light of the globalization of the world economy. Provides an overview and historiography of technology transfer mechanisms, then discusses new technology transfer issues, particularly "sourcing," which have emerged as a result of increasing globalization, leading to an increased understanding of how developing economies and economies in transition could approach technology transfer policy in an increasingly globalized and open economic environment. Radosevich is a research fellow with SPRU, Science and Technology Policy Research at the University of Sussex, UK. Annotation copyrighted by Book News, Inc., Portland, OR
Innovation-Led Economic Growth
Title | Innovation-Led Economic Growth PDF eBook |
Author | Charles F. Rice |
Publisher | Rowman & Littlefield |
Pages | 56 |
Release | 2017-09-01 |
Genre | Political Science |
ISBN | 1442280247 |
Innovation and technology are increasingly at the heart of economic growth around the world and will be crucial tools for addressing emerging issues such as global urbanization and growing demand for food, energy, and water. In this report, CSIS and RTI International assess the challenges and opportunities facing developing countries as they pursue innovation and technology-driven economic growth. The report includes analysis of three different subtopics—education and human capital development, translational research and development and commercialization, and the innovation policy environment—as well as case studies from Kenya, Malaysia, and India. From this research collaboration, CSIS and RTI International hope to create a platform for engaging a broad set of actors to support the creation of knowledge-based economies and innovation-led economic growth.