China's Technological Leapfrogging and Economic Catch-up

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Release : 2021-12-14
Genre : Business & Economics
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Book Rating : 356/5 ( reviews)

China's Technological Leapfrogging and Economic Catch-up - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Technological Leapfrogging and Economic Catch-up write by Keun Lee. This book was released on 2021-12-14. China's Technological Leapfrogging and Economic Catch-up available in PDF, EPUB and Kindle. 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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Release : 2022-01-27
Genre : Business & Economics
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Book Rating : 562/5 ( reviews)

China's Technological Leapfrogging and Economic Catch-up - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Technological Leapfrogging and Economic Catch-up write by Keun Lee. This book was released on 2022-01-27. China's Technological Leapfrogging and Economic Catch-up available in PDF, EPUB and Kindle. 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.

The Art of Economic Catch-Up

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Release : 2019-05-16
Genre : Business & Economics
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Book Rating : 877/5 ( reviews)

The Art of Economic Catch-Up - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Art of Economic Catch-Up write by Keun Lee. This book was released on 2019-05-16. The Art of Economic Catch-Up available in PDF, EPUB and Kindle. 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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Release : 2021-06-24
Genre : Business & Economics
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Book Rating : 37X/5 ( reviews)

The Challenges of Technology and Economic Catch-up in Emerging Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Challenges of Technology and Economic Catch-up in Emerging Economies write by Jeong-Dong Lee. This book was released on 2021-06-24. The Challenges of Technology and Economic Catch-up in Emerging Economies available in PDF, EPUB and Kindle. 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 Rise of Technological Power in the South

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Release : 2010-04-15
Genre : Business & Economics
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Book Rating : 121/5 ( reviews)

The Rise of Technological Power in the South - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Rise of Technological Power in the South write by X. Fu. This book was released on 2010-04-15. The Rise of Technological Power in the South available in PDF, EPUB and Kindle. 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.