DIVERSIFYING SOURCES OF KNOWLEDGE, INNOVATION CAPABILITY BUILDING, AND CATCH UP

DIVERSIFYING SOURCES OF KNOWLEDGE, INNOVATION CAPABILITY BUILDING, AND CATCH UP
Author: Ahreum Lee
Publisher:
Total Pages: 123
Release: 2017
Genre:
ISBN:

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This dissertation consists of three essays examining the role of connectivity in the catch-up process of a nation primarily focusing on East Asian countries. Specifically, I investigate the sourcing of knowledge, especially tacit knowledge, on local innovation capability building and thus catch-up process of a nation. I argue that for any country, sourcing from the diverse pools of tacit knowledge available in different parts of the world is a crucial requirement in maintaining a robust innovation eco-system. This becomes much more important in the catch-up process of a less-developed or emerging economy that is attempting to build local innovation capability. In the first chapter, I lay the theoretical groundwork for the dissertation by reviewing how existing studies have contributed to our understanding of the catch-up process of an economy. Then, in the second chapter, I explore how the openness of an economy underpins contrasting economic outcomes by comparing the economies of South Korea and Brazil. The third chapter emphasizes that the connectivity to the global innovation system is equally important for a more advanced economy such as Japan. Lack of such connectivity could lead to systemic "lock-in" in the long term. This is done by investigating the national systems of innovation of Japan in four knowledge-intensive industries: automotive, electronics, robotics and pharmaceuticals. Using patent data, I demonstrate that compared to other advanced countries such as Germany and Denmark, the Japanese innovation system is quite closed. I speculate that closedness to global innovation systems could be one of the reasons for Japan's prolonged economic recession and the underperformance of its once world leading firms. The fourth chapter proposes an alternative catch-up strategy by investigating the innovation catch-up processes in Korea and Taiwan. These two Asian economies achieved developed status in a remarkably short period of time. Surprisingly, I found that these two countries are not well-connected to the rest of the world when it comes to innovation networks. These two countries achieved innovation catch-up rapidly by focusing on specific technologies that inherently require less reliance on learning through co-inventor networks. These technologies are the so-called "short cycle" technologies, i.e., technologies where the time period between innovation and maturation is very short. Therefore, relatively advanced technologies can be obtained in an "off-the-shelf" manner through outright purchase, licensing, and other means that do not require in-house wholly-owned innovation systems.

Wellsprings of Knowledge

Wellsprings of Knowledge
Author: Dorothy Leonard-Barton
Publisher: Harvard Business Press
Total Pages: 334
Release: 1998
Genre: Business & Economics
ISBN: 9780875848594

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Argues that knowledge is a renewable asset and a competitive advantage, and shows ways companies can effectively build and manage knowledge

The Art of Economic Catch-Up

The Art of Economic Catch-Up
Author: Keun Lee
Publisher: Cambridge University Press
Total Pages: 305
Release: 2019-05-16
Genre: Business & Economics
ISBN: 1108472877

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A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.

International Conference on Economics and Management Engineering (ICEME2014)

International Conference on Economics and Management Engineering (ICEME2014)
Author:
Publisher: DEStech Publications, Inc
Total Pages: 520
Release: 2014-10-22
Genre: Business & Economics
ISBN: 1605952001

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The 2014 International Conference on Economics and Management Engineering (ICEME2014) is held in Hangzhou, China from October 18–19, 2014. The conference aims to provide an excellent international academic forum for all the researchers, practitioner, students and teachers in related fields to share their knowledge and results in theory, methodology and application on economics, management science and management engineering. ICEME2014 features unique mixed topics of Economics, Management Science, Management Engineering and other related ones. ICEME2014 proceeding tends to collect the most up-to-date, comprehensive, and worldwide state-of-art knowledge on economics, management science and management engineering. All the accepted papers have been submitted to strict peer-review by 2–4 expert referees, and selected based on originality, significance and clarity for the purpose of the conference. The conference program is extremely rich, profound and featuring high-impact presentations of selected papers and additional late-breaking contributions. We sincerely hope that the conference would not only show the participants a broad overview of the latest research results on related fields, but also provide them with a significant platform for academic connection and exchange.

Learning, Capability Building and Innovation for Development

Learning, Capability Building and Innovation for Development
Author: G. Dutrénit
Publisher: Springer
Total Pages: 483
Release: 2013-08-22
Genre: Social Science
ISBN: 1137306939

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Today, a large number of scholars studying development understand this process as involving learning and capability building. Capability building is an active, not a passive, process. It requires a purposeful effort from the learner's side, with support and commitment on allocation of time and resources toward learning activities. This process implies the possibility of failure as well as success, as we also learn from failures. A global cast of academics and policy makers examines economic development as a process of learning and technological accumulation, showing how economic development is a process involving creative destruction. While markets and market competition play major roles in structuring the development process, non-market institutions and government policies matter.

Chintrepreneurship or Shanzhai Model

Chintrepreneurship or Shanzhai Model
Author: Jiangning Zhao
Publisher: FriesenPress
Total Pages: 692
Release: 2023-04-03
Genre: Business & Economics
ISBN: 1039175031

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Theoretically, the formational and developmental mechanism of Shanzhai Model (the Chintrepreneurship, the China-way of Doing Business) theorized in this text, in addition to complying with the traditionally Western dominated frameworks of risk-taking-oriented, technology-oriented, resource-oriented, and speculation-oriented – also creates the peculiar or updated characteristics, complementary and supplementary to the existing theories of entrepreneurship and strategic management. The peculiar characteristics of Shanzhai Model may be attributed to the government policy guidance, from macroeconomic level, to technology development level, and to market expansion level, through the regulated cycle process of CCP government ‘Five-Year-Plan’. Such a dynamic process of government policy system determines the dynamisms of China economy, industry and enterprises, linking the previous weaknesses into the upgrade or rectification of the next five-year-plan, forcing enterprises to obligately upgrade or adjust their business and management operations (given the absolute autocracy of China government). Practically, the imitation-based cost-saving operations on the enterprise level, the ‘Wolf Like’ clustered industry-chain operations organized by the principle of ‘Risks-Resources-Benefits Sharing’ on the industry level, and the ‘Price-to-Performance’ products advantages on the market level – together, they have been contributing to the leapfrog of China economy, by taking advantages of increasingly globalized business environment and the network (Internet) information technology system, turning China into an economic Shanzhai, corruption Shanzhai, and a political Shanzhai, imposing the ‘One Belt One Road’ hegemonism on the harmony of international community. Is it too late? The contribution of this text material may benefit MBA, Ph.D students in management, and especially benefiting to those corporate executives. Regardless of De-Globalization or De-China campaigns, the flow of business is inevitably and eternally beyond the boundaries of countries one way or another, sooner or later. Note that, a document of year-to-year government policies is prepared, interested, contact Dr. Johnny by email: [email protected]; or by phone: 001-604-773-0783, or 001-778-655-1016.

Taiwan's Economic Transformation in Evolutionary Perspective

Taiwan's Economic Transformation in Evolutionary Perspective
Author: Fu-Lai Tony Yu
Publisher: Nova Publishers
Total Pages: 308
Release: 2007
Genre: Business & Economics
ISBN: 9781600214981

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Since the end of the Second World War, Taiwan has transformed in around 60 years time from a farmland to a high tech industrial economy. This book examines entrepreneurship, innovative systems and government policies in Taiwan.

Knowledge Management and Innovation

Knowledge Management and Innovation
Author: Pierre Barbaroux
Publisher: John Wiley & Sons
Total Pages: 136
Release: 2016-07-14
Genre: Technology & Engineering
ISBN: 1119330041

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This book explores the relationships between knowledge management (KM) processes and innovation management. The geographical extension of markets and intensification of competition have led firms to experiment with novel approaches to innovation. New organizational forms emerged in which firms collaborate with various stakeholders to create, absorb, integrate and protect knowledge. This book explores how knowledge management processes evolve with firms' implementation of interactive, collaborative and open innovation models and it identifies the various knowledge types and processes involved throughout the different phases of the innovation process. The authors provide operational typologies for understanding innovative firms' capabilities and knowledge management practices and also discuss the main properties of four models of interactive innovation, namely open innovation, user-centric innovation, community-based innovation and crowdsourcing.

Multinationals, Technology and Competitiveness (RLE International Business)

Multinationals, Technology and Competitiveness (RLE International Business)
Author: John H. Dunning
Publisher: Routledge
Total Pages: 306
Release: 2012-11-26
Genre: Business & Economics
ISBN: 0415658144

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This book explores some aspects of the interface between technology, competitiveness and the role of multinational enterprises in the world economy. This group of essays stresses the role of asset creation and usage, rather than reliance on natural factor endowments as a basis for national competitiveness and examines the role of multinational enterprises as vehicles for technological transfer, and the efficient co-ordination of economic activity across national boundaries.

The Innovation Paradox

The Innovation Paradox
Author: Xavier Cirera
Publisher: World Bank Publications
Total Pages: 268
Release: 2017-10-02
Genre: Business & Economics
ISBN: 1464811849

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Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticated private sector partners †“ toward building firm capabilities, and embrace an expanded concept of the National Innovation System that incorporates a broader range of market and systemic failures. The authors offer guidance on how to navigate the resulting innovation policy dilemma: as the need to redress these additional failures increases with distance from the frontier, government capabilities to formulate and implement the policy mix become weaker. This book is the first volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.