China S Technological Leapfrogging And Economic Catch Up
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China S Technological Leapfrogging And Economic Catch Up
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Author : Keun Lee
language : en
Publisher: Oxford University Press
Release Date : 2021-12-14
China S Technological Leapfrogging And Economic Catch Up written by Keun Lee and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-14 with Business & Economics categories.
Chapters 1 and 10 from this book are published open access and free to read or download from Oxford Academic. 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.
China S Technological Leapfrogging And Economic Catch Up
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Author : Keun Lee
language : en
Publisher: Oxford University Press
Release Date : 2021
China S Technological Leapfrogging And Economic Catch Up written by Keun Lee and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Business & Economics categories.
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.
The Art Of Economic Catch Up
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Author : Keun Lee
language : en
Publisher: Cambridge University Press
Release Date : 2019-05-16
The Art Of Economic Catch Up written by Keun Lee and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-16 with Business & Economics categories.
A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.
The Challenges Of Technology And Economic Catch Up In Emerging Economies
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Author : Jeong-Dong Lee
language : en
Publisher: Oxford University Press
Release Date : 2021-06-24
The Challenges Of Technology And Economic Catch Up In Emerging Economies written by Jeong-Dong Lee and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-24 with Business & Economics categories.
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 Political Economy Of Chinese Fdi In Africa
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Author : Ayalew Mamo
language : en
Publisher: Springer Nature
Release Date : 2024-12-27
The Political Economy Of Chinese Fdi In Africa written by Ayalew Mamo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-27 with Business & Economics categories.
This book provides unique insight into Chinese foreign direct investment (FDI) in Africa. With a particular focus on Ethiopia, it examines the impact of FDI on Africa’s industrial and manufacturing sector and the potential for productive FDI to advance industrialisation and create jobs for a large and young labour market. The creation of government policies and an institutional framework for the management of FDI is also examined, alongside lessons that can be learnt from policies that were less successful. This book offers a comparative perspective on FDI to highlight the forms of government intervention that maximise the economic benefits of FDI. It will be relevant to students, researchers, and policymakers interested in development economics and the political economy.
Dictionary Of Contemporary Chinese Economics
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Author : Hong Yinxing
language : en
Publisher: Springer Nature
Release Date : 2025-05-26
Dictionary Of Contemporary Chinese Economics written by Hong Yinxing and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-05-26 with Business & Economics categories.
This Dictionary provides the theoretical summary and conceptual framework around the milestones obtained through Chinese reform and development and highlights the research achievements of Chinese economics over the past 40 years. It also presents Chinese economics to the world, featuring the Belt and Road Initiative and the Chinese theory and Chinese system to be known and shared internationally with a Chinese intellectual foundation. It sets out to frame the theoretical achievements of extraction and summary of practice experience from Chinese reform and development. The choice of entries in the Dictionary seeks to embody the very Chinese characteristics of economics and the combination of theory and practice is illuminated. Furthermore, the dictionary explores examples of scientific achievements that traditional economics has brought forward and how they fit and unify within both a Chinese, as well as an international context.
The Rise Of Technological Power In The South
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Author : X. Fu
language : en
Publisher: Springer
Release Date : 2010-04-15
The Rise Of Technological Power In The South written by X. Fu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-15 with Business & Economics categories.
This book explores the drivers of technological upgrading and catch-up in the emerging economies, paying specific attention to technology and innovation policies, national innovation systems, the role of foreign direct investment and small and medium enterprises. It provides practical implications for other developing countries.
Innovation Development Detours For Latecomers
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Author : Keun Lee
language : en
Publisher: Cambridge University Press
Release Date : 2024-02-22
Innovation Development Detours For Latecomers written by Keun Lee and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-22 with Business & Economics categories.
Many developing countries still face difficulties initiating and sustaining economic development. Such difficulties have been exacerbated by the COVID-19 pandemic, resulting in an increasing divergence between rich and poor countries. One crucial question is whether to follow the trajectories of present-day rich countries or seek out different, new trajectories. Although this is a fundamental question, scholars offering mainstream prescriptions have not sufficiently explored it. Drawing on extensive empirical studies of firms and industries, Innovation and Development Detours for Latecomers proposes an effective alternative to prevailing development thinking. It presents a rich menu of development pathways, including a new role for Schumpeterian states whereby they do not follow the paths of technological development already taken by advanced countries. Rather, they can skip certain stages and even create their own detours thereby leapfrogging advanced countries in both manufacturing and service sectors. This title is also available as Open Access on Cambridge Core.
Mastering Innovation In China
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Author : Joachim Jan Thraen
language : en
Publisher: Springer
Release Date : 2016-07-13
Mastering Innovation In China written by Joachim Jan Thraen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-13 with Business & Economics categories.
Joachim Jan Thraen uses insights from history to provide a fresh perspective on China’s potential transition towards a global innovation leader. He applies historical evidence from countries like the United States, Germany, and Japan in the 19th and 20th century and builds on results from four case studies to reveal key strategies that firms can utilize to leverage China as a global hub of innovation. China’s large market, strong manufacturing networks, increasing R&D capabilities, and a government strongly supporting innovation provide unique opportunities for new forms of innovation driven by efficiency, rapid commercialization, and large volumes. Managers that understand China’s innovation trajectory and adjust innovation strategies accordingly will achieve greater success in mastering innovation in China as a foundation for global competitiveness.
Political Implications Of China S Technocracy In The Reform Era
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Author : Gang Chen
language : en
Publisher: Springer Nature
Release Date : 2023-05-27
Political Implications Of China S Technocracy In The Reform Era written by Gang Chen and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-27 with Political Science categories.
This book focuses on the evolution of technocracy in contemporary Chinese politics and its implications in China’s elite politics and policymaking. The rise of technocracy in contemporary Chinese politics is not only attributed to the meritocratic tradition based on civil service exams in ancient China but also tied to the current authoritarian political system that relies on the top-down cadre promotion approach instead of public elections. Leaders with technocratic backgrounds have brought changes to China’s political landscape since technocrats tend to solve governance issues using technical solutions in an industrialized society as compared to pure politicians and revolutionaries, who are inclined to resort to political, and sometimes populist, options. This book examines the specific tech areas from which top technocrats have been emerging in Chinese politics, which include military and aerospace industry, public health, engineering and science, economics and finance, as well as information technology. It is a unique research monograph based on research on China’s evolving technocracy and its political, economic and international implications that provides a detailed and thorough study of the country’s industrial policies being reshaped by these technocrats and their likelihood of joining the Chinese Communist Party’s top echelon in the next five to ten years.