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Originally published in 2005. This book examines how regional industries use different networks on various geographical scales in order to withstand increasing competition in a globalising world. It argues that new forms of global governance of networked industries are emerging, in particular in those areas that have only recently been incorporated into the global economy such as Eastern Europe, Asia and Southern Africa. The book addresses a number of issues, including the different forms of institutional arrangements that contribute to the formation of heterogeneous global industrial networks. It also raises the issue of national institutions that still matter in network formation. The focus of the book is on how to improve regional and sectoral competitiveness in a global context and it suggests this is best achieved by a close analysis of global linkages, an evolutionary perspective on processes taking place, and a more differentiated view on globalisation.
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.
The rapid convergence of computing and telecommunications technologies into products, better known as the Internet of Things, coupled with strong human behavioral change has created the emergence of a technological discontinuity that is disrupting all industries as we know them. Information once "trapped" in products is being unleashed, creating a flow of Product in Use Data that is becoming the basis of new services, new business models, and new ecosystems leading to the substitution of traditional product and service companies and the total disruption of industries. During this merging of industrial and digital economics, the internal capabilities that organizations have leveraged for years will become insufficient for future competition. The businesses of those leaders who fail to transform their firms by acquiring the necessary new capabilities will not survive. Despite the impending disruption, there are defined strategies that greatly enhance an existing firm's chance of survival. The rapid execution of the "first mile" of a business's transformation is crucial to competing successfully. In Competing in the Connecting World, authors Gregg Garrett and Warren Ritchie offer a proven framework and approach to assist leaders in understanding, preparing, and bravely transforming their firms to thrive in this new digital era.
Originally published in 2005. This book examines how regional industries use different networks on various geographical scales in order to withstand increasing competition in a globalising world. It argues that new forms of global governance of networked industries are emerging, in particular in those areas that have only recently been incorporated into the global economy such as Eastern Europe, Asia and Southern Africa. The book addresses a number of issues, including the different forms of institutional arrangements that contribute to the formation of heterogeneous global industrial networks. It also raises the issue of national institutions that still matter in network formation. The focus of the book is on how to improve regional and sectoral competitiveness in a global context and it suggests this is best achieved by a close analysis of global linkages, an evolutionary perspective on processes taking place, and a more differentiated view on globalisation.
Provides a comprehensive overview of what Asian industrial clusters might teach us. Based on empirical surveys and interviews conducted in China, Vietnam, Thailand, Malaysia and Japan, this title collects studies that were first debated at an international workshop in Lyon.
T HE first two years after the COVID 19 outbreak was all about disruptions and the exhaustion due to the sheer diversity of lifestyle changes that were necessitated. This third year has, however, been all about revival and a return to how life was before the pandemic. In our Cover Story, we look at how the hospitality and events sector is bouncing back into action, one firm step at a time. The humble combination of dahibara and aloodum is now going global, thanks to the efforts of Chef Sanchit Sahu who has showcased it at Bangkok's Michelin Guide restaurant, Jhol. In City Lights, we get to know more about what has gone into making this dish appealing to a global audience. The healing technique known as Reiki has endured for over a century. The global following of Reiki vouches for its efficacy across diverse situations and problems. In City Zen, we talk to a practioner to know more about this unconventional healing process. The section also features 12-year-old Odissi dance sensation Srinika Purohit, who is following in the footsteps of her mother, Odissi danseuse Sonalika Purohit. Green entrepreneur is the term that readily comes to mind when you begin talking with Tanisha Malla. The 23-year-old has come up with a line of candles made of soya chunk wax. In City Green, she tells us about her journey so far. The grand spectacle that is the Bali Jatra also came as a treat to music lovers with an impressive line-up of popular singers. We catch up with two of them in Transit Lounge. Kailash Kher, known for his magical voice and soulful renditions, opens up about his early days in music and the tough road to success in Mumbai and Bollywood. We also catch up with singer Javed Ali, who has performed in Odisha earlier as well. It's December and it's time for some Yuletide spirit all around. With Christmas just a few weeks away, My City Links decides to go down memory lane by talking to people who have seen the occasion evolve over the years. Read all about it in City Lights. The 53rd India International Film Festival (IFFI) held in Goa in November helped turn the spotlight on Pratikshya, the only Odia film among the 25 screened as part of the Feature Films section. We bring you some interesting insights into the movie in Screen Shots. 
Recently, the international division of labour in industrial production has grown increasingly more volatile. The separation between 'high-end' tasks undertaken in the traditional core economies and 'low-end' tasks undertaken in newly emerging economies has become increasingly blurred. The new dynamics and unpredictability of actor and process configurations in internationalized production bring new challenges for research in economic geography, regional economics and management sciences. The allocation of R&D and production mandates within or between enterprises, the setting up, closing down, purchase or sale of subsidiaries at different localities, the shifting patterns of collaborative innovation, together with newly evolving forms of capitalism, all appear to interact in ways not seen before. It appears we have entered a new era termed 'industrial transition'. This book forms the first approach toward conceptualising the term and compiling illustrative empirical underpinnings. Contributions by an international set of renowned economic geographers highlight the major features and case studies of 'industrial transition' and address various questions that matter for the future of our global economy: How are regions and localities affected by the shift of product mandates? In which ways do changes differ between industrial sectors and economic regions? How can regions and localities adequately prepare for or react to foreseeable changes; and how can regional resilience and response capacities be built and enhanced?
This book examines how regional industries use different networks on various geographical scales in order to withstand increasing competition in a globalising world. It addresses a number of issues, and focuses primarily upon how to improve regional and sectoral competitiveness in a global context.
Over the last few decades, circuits of capital have been stretched through processes of economic globalization, leading to complex and hybrid outcomes that result in different modes of production and consumption. Understanding these new economic configurations and their geographic patterns requires incorporating new theoretical arguments based on, for example, chain and network concepts. This edited volume brings together theoretically-informed analysis from Asia, Europe and North America to illustrate the way in which new economic configurations have been developed and to understand individual, local and regional responses to a variety of global challenges, threats and opportunities. The different examples presented illustrate that economic structures and flows have changed dramatically over the past decades with profound impacts for the economic and regional actors involved.
This book addresses how economic spaces dynamically change within the context of the global knowledge-based economy. Specifically, it centers the discussion on integrated views of understanding and conceptualizing dynamic changes of global economy under the global megatrends of globalization, knowledge-based economy, information society, service world, climate change, and population aging. Focusing on East Asia, especially on Korea, it deals with case studies regarding the processes and patterns of these global dynamics, looking at economic spaces of various spatial scales and types of economic actors. This book develops a theoretical model for understanding and analysing the dynamics of economic spaces that are being reshaped within the larger global economy. It also emphasizes the analysis of empirical studies at the level of firm, region, and state by considering an evolutionary perspective over time. In developing its theoretical framework, this book examines regional resilience, intangible assets, service innovation, path dependence, and other notions related to the evolution of economic spaces, and incorporates these elements into real-world case studies. The integrated theoretical framework examined here contributes a new perspective on spatial disparities in the global economy. An integral model of service innovation; the integration of path dependence and regional resilience; the interaction between firm and region for the accumulation of intangible assets; and the roles of governments and global firms: these are all essential to understanding the dynamics of economic spaces in East Asia. The theoretical model and case studies in this book suggest policy implications for developing countries, especially in the Asian and African regions, with regard to regional development and innovation policies.