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This book therefore opens a fresh debate on the industrial policies which developing countries need to adopt in order to compete and grow in a globalised economic environment.
Annotation In developing countries and emerging economies, traditional industrial practices can be linked to policy changes which foster innovation, but can equally result in stagnation if the policy/practice mix is wrong. These case studies -- from Brazil, Chinese Taipei, India and Korea -- demonstrate that where industrial habits tend to reduce competitiveness, policies can make a difference. The book opens a fresh debate on the industrial policies developing countries need to adopt to compete and grow in a globalized economic environment.
World Bank Technical Paper No. 300. Provides an overview of past experiences with the introduction of agricultural technologies in World Bank-funded projects in Mediterranean climates, with an emphasis on the Middle East and North African region. The authors review the adequacy of present crop and livestock technologies, identify technical and socio-economic constraints on their adoption, and describe prospective technologies for pilot testing and full-scale introduction in future Bank-funded projects.
Since the pioneering work of Joseph Schumpeter (1942), it has been assumed that innovations typically play a key role in firms’ competitiveness. This assumption has been applied to firms in both developed and developing countries. However, the innovative capacities and business environments of firms in developing countries are fundamentally different from those in developed countries. It stands to reason that innovation and competitiveness models based on developed countries may not apply to developing countries. In this volume, Vivienne Wang and Elias G. Carayannis apply both theoretical approaches and empirical analysis to explore the dynamics of innovation in developing countries, with a particular emphasis on R&D in manufacturing firms. In so doing, they present an alternative to Michael Porter’s Competitive Advantage Model—a Competitive Position Model that focuses on incremental and adaptive innovations that are more appropriate than radical innovations for developing countries. Their research addresses such questions as: Do innovations advance the competitive positions of manufacturing firms in developing countries? Does the pace of innovation matter, in particular, in socio-economic and socio-political contexts? To what degree can national innovation systems and policies influence development? To what extent do a firm’s innovation commitments correlate with the protection of intellectual property rights? What roles do foreign direct investment and relationships with clusters and networks play? The resulting analysis not only challenges traditional theoretical approaches to innovation, but provides suggestions for improving business practice and policymaking.
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new reality by considering the spillover and dynamic effects of market power, especially on firm entry, innovation, and inequality. Innovation policies should tackle not only government failures but also market failures.
This paper seeks to analyse the policy framework governing competition and competitiveness in the era of globalization, liberalization and increasing deregulation of policy governing capital, and enterprises. Set in the context of the current set up, where 'efficiency' is the key word, and being competitive is a key objective for most enterprises of all economies, this paper seeks to analyse the need and relevance of having a competition policy, its benefits, the existing ambiguities in policy, and the necessary amendments which need to be made, so as to arm the economy and the government with a competent institutional mechanism to tackle the emerging challenges of an increasing restriction-less world, and its implications for developing countries like India, specifying the challenges and needs of these countries. Our paper discusses the parameters and factors affecting competitiveness and those discussed in Competition Policy. This paper aims at linking the above-mentioned analyses of competition policy in a broader context. It talks about its effects on competitiveness and growth of developing countries, with an incorporation of the ongoing WTO negotiations. The benefits and the potential harm cause by the adaptation of the 'developed country' competition policies in developing countries at different stages of economic and institutional development is also discussed. Also analysed is the behavior of large international corporations in the current wave of financial consolidation and its potential effects on competition and welfare.
Competition, competitiveness, innovation and growth are inherently linked. This book covers the main ideas underlying competitiveness and its applications, drawing lessons for developing economies and relevant policy recommendations.
This book describes the micro-foundations of competitiveness and enterprise, and translates the lessons to national level. It looks at the competitive performance in East Asia and highlights lessons to be learned by other developing countries.
The competitiveness of companies plays an important role in developing their effectiveness. But technology provides a strong competitive advantage to the companies and helps in achieving the sustainable development. This edited collection discusses various methods by which a firm can create a competitive advantage in a dynamic situation. The book highlights the strategies in global decisions related to changing business models and processes in the innovation era. The contributions by authors take readers through emerging trends in innovation that can support managers in making more strategic decisions, while reducing reconciliation and report preparation. In a hyper-competitive environment, this book will assist researchers and management practitioners in appreciating new strategic sources. Radical strategies and competitive innovation, sustainable development, competitiveness, SMEs, direct and indirect investment, delocalization of businesses, and value creation will all be discussed in depth. Overall, this volume will help readers understand the importance of real-time smart business sources to gain a competitive advantage. Competitive Advantage, Strategy and Innovation in Africa provides essential information on contemporary issues and challenges in management and change strategies. It will serve as a reference for academicians, researchers, and practitioners interested in the rapid transformation in the management sector due to technological advancement and high competition between companies.