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This book sheds new light on the advancement of various industries in developing Asian countries through an application and re-examination of catch-up industrialization theory. With contributors presenting their own perspectives on the progression of a range of different industries in Asia, this volume provokes readers to reconsider their current understanding of industrialization in latecomer countries. More specifically, the chapters discuss Taiwan's semiconductor industry, Korea's steel industry, and Malaysia's palm oil industry, amongst others. The authors also explore the 'catch-down' innovation strategy in China and India. Varieties and Alternatives of Catching-up provides a thorough analysis of the strategies employed by numerous Asian countries to radically transform their low-income agricultural economies to middle-income industrialized ones. This book is essential reading for researchers and scholars interested in Asian economic development.
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.
Language Development: Variety of Texts aids students in approaching different types of text, from articles, to fiction, to poetry. Curriculum-correlated activities help learners recognize different writing styles, understand what they are reading, and think critically about writing, and pre- and post-assessments aid teachers in individualizing instruction, diagnosing the areas where students are struggling, and measuring achievement, and support standards.
'This book overturns the old paradigm ideas about natural-resource-based activities. It sheds light on the new opportunities for technological dynamism and catching-up by using science to open novel directions in traditional sectors. It should become a classic in what I expect will be a very important academic debate and a new trend in development policy.' - Carlota Perez, Tallinn University of Technology, Estonia, Cambridge University and University of Sussex, UK 'This excellent book provides a deep understanding of why and how emerging countries are able to catch-up and enter international markets in an industry that once was considered as traditional, but which has now become a relatively articulated and sciencebased sectoral system.' - Franco Malerba, KITeS, Bocconi University, Italy 'This excellent book demonstrates better than any other I know the strengths and limits of the concept of a national system of innovation for understanding economic development today. Any careful student of innovation or development will want to read it.' - Charles Sabel, Columbia Law School, US 'In the New World, viticulture and wine production has had to develop with verve and enthusiasm, to be able to survive and to flourish. In countries like Chile and Argentina, the continuing decline of domestic wine consumption has forced technicians and entrepreneurs to conquer the world with innovation and technology, to produce wines of international taste and to attract potential buyers to these markets. This book is a very professional account of these phenomena, which have profoundly changed the marketing of wines in the past 20 years.' - Aurelio Montes, President of Viña Montes, Chile 'This book takes a fresh look at the innovations that have changed the global wine sector, presenting established thinking in a new light. Building on the world's knowledge base in wine production, the book encourages novel thinking for both Old World and New World producers. The content is topical, current and well written. This is a must-read for anyone with an interest in wine innovation.' - Sakkie Pretorius, The Australian Wine Research Institute
Business Groups and the Thailand Economy examines the role of business groups, specifically state, local, and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap. Wailerdsak reviews Thailand’s industrial and economic growth strategies through the local and international investors and explains why business groups are one of the key drivers of economic advancement and why they help to avoid the middle-income trap. The author also examines their business power expansion methods, including selection and specialization, political influence, mergers and acquisitions, outward FDI and business alliances. The book concludes with policy recommendations of how the government can engage business groups to accelerate high-tech industrialization and create jobs. The middle-income trap issue faced by Thailand would be of interest to many emerging economies, especially scholars and policymakers researching on Asian business and management, Asian economies, developmental economics, political economy, policy studies, corporate governance, entrepreneurship, and private company strategic management in emerging countries.
For most countries, economic development involves a process of 'catching up' with leading countries at the time. This is never achieved solely by physical assets and labour alone: also needed are the accumulation of technological capabilities, educational attainment, entrepreneurship, and the development of the necessary institutional infrastructure. One element of this infrastructure is the regime of intellectual property rights (IPR), particularly patents. Patents may promote innovation and catch up, and they may foster formal technology transfer. Yet they may also prove to be barriers for developing countries that intend to acquire technologies through imitation and reverse engineering. The current move to harmonize the IPR system internationally, such as the TRIPS agreement, may thus have unexpected consequences for developing countries. This book explores these issues through an in depth study of eleven countries ranging from early developers (the USA, Nordic Countries and Japan), and Post World War 2 countries (Korea, Taiwan, Israel) to more recent emerging economies (Argentina, Brazil, China, India and Thailand). With contributions from international experts on innovation systems, this book will be an invaluable resource for academics and policymakers in the fields of economic development, innovation studies and intellectual property laws.
The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.
Suburbanised cities share a common dilemma: how to transition to more densely populated and socially connected urban systems while retaining low-rise character, avoiding gentrification, and opening neighbourhoods to more diverse housing choices. Bluefield Housing offers a new land definition and co-located infill model addressing these concerns, through describing and deploying the types of ad-hoc modifications that have been undertaken in the suburbs for decades. Extending green-, brown-, and greyfield definitions, it provides a necessary middle ground between the ‘do nothing’ attitude of suburban preservation and the ‘do everything’ approach of knock-down-rebuild regeneration. An adjunct to ‘missing middle’ and subdivision densification models, with a focus on co-locating homes on small lots, Bluefield Housing presents a unified design approach to suburban infill: retrofitting original houses, retaining and enhancing landscape and urban tree canopies, and delivering additional homes as low-rise additions and backyard homes suited to the increasingly complex make-up of our households. Extensively illustrated by the author with engaging architectural design studies, Damian Madigan describes how existing quirks of suburban housing can prompt new forms of infill, explains why a new suburban densification model is not only necessary but can be made desirable for varied stakeholders, and charts a path towards the types of statutory and market triggers required to make bluefield housing achievable. Using Australian housing as an example but addressing universal concerns around neighbourhood character, demographic needs, housing diversity, dwelling flexibility, and landscape amenity, Bluefield Housing offers innovative suburban infill ideas for policy makers, planners, architects, researchers and students of housing and design studies, and for those with a stake in the future of the suburbs.
This Research Handbook advances entrepreneurship theory in new ways by integrating and contributing to contemporary theories of practice. Leading theorists and entrepreneurship experts, who are part of the growing Entrepreneurship as Practice (EaP) research community, expertly propose methodologies, theories and empirical insights into the constitution and consequences of entrepreneuring practices.
To sustain economic growth, emerging economies should manage strategically global-local interfaces by promoting locally owned businesses.