Innovation-development detours for latecomers : managing global-local interfaces in the de-globalization era / Keun Lee, Seoul National University.

Format:

Book

Author/Creator:

Lee, Keun, 1960- author.

Language:

English

Subjects (All):

Economic development--Developing countries.

Economic development.

Technological innovations--Economic aspects--Developing countries.

Technological innovations.

Physical Description:

1 online resource (xix, 284 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2024.

Summary:

"Drawing on extensive empirical studies of firms and industries around the world, this book presents a rich menu of development pathways, including a new role by a Schumpeterian state to initiate detours and leapfrogging in not only manufacturing but also resource or IT- service sectors"-- Provided by publisher

Contents:

Cover

Half-title page

Title page

Copyright page

Contents

List of Figures

List of Tables

Preface

List of Abbreviations

1 Introduction

1.1 De-Globalization and the Need for New Thinking

1.2 Innovation-Development Detours

1.2.1 Problems with the Linear View: The More, the Better?

1.2.2 Multiple Pathways and Detours

1.3 Further Elaboration of Key Themes

1.3.1 The Possibility of Non-Manufacturing-Based Development

1.3.2 From the Global-Local Interfaces to Domestic Ownership and Knowledge

1.3.3 The Coevolution of Firms with Sectoral, Regional, and National Systems

1.4 Innovation-Development Detour in South Korea

1.5 The Roles of Government in Development Detours

1.6 Key Messages and Contributions of the Book

2 National Innovation Systems and Alternative Pathways for Latecomers

2.1 Introduction

2.2 Catching Up, Forging Ahead, and Falling Behind of Nations

2.3 Varieties of NIS and Their Linkages to Economic Growth

2.4 Contrasting Pathways of the Two Imbalanced NIS: Catching-Up versus Trapped

2.5 The Balanced System and the Indian Pathway

2.5.1 The Case of India

2.6 A Pathway out of the Trap: Resource-based Development in Chile and Malaysia

2.7 Summary and Concluding Remarks

3 From Global-Local Interfaces to Local Value Added, Knowledge, and Ownership

3.1 Introduction

3.2 Global-Local Interfaces and Industrial Policy in Chile and Malaysia

3.2.1 New Resource Sectors in Chile: Salmon, Forestry, Fruit, and Wine

3.2.2 New Resource Sectors in Malaysia: Rubber, Palm Oil, and Petro Products

3.3 Global-Local Interfaces and Industrial Policy in Auto Sectors in Asia

3.3.1 Three Factors for Successful Upgrading

3.3.2 Common Starts with Divergent Ends in Malaysia and Thailand

3.3.2.1 Common Starts

3.3.3 Strong Exports with Less Domestic Value Added in Thailand

3.3.4 National Ownership without Discipline in Malaysia

3.3.5 Ownership, Competition, and Policies in China

3.3.5.1 Mixed Outcome or Even Failure with JVs in the Early Period

3.3.5.2 Success with Indigenous Ownership since the Mid-2000s

3.4 Global-Local Interfaces in Innovation Systems of Taipei, Penang, and Shenzhen

3.4.1 Taipei, Shenzhen, and Penang in Asia

3.4.2 Local-Foreign Interfaces in RIS of the Three Regions

3.4.3 The Different Roles of Industrial Policy in the Three Regions

3.5 Summary and Concluding Remarks

4 Coevolution of Firms with Sectoral, Regional, and National Systems

4.1 Introduction

4.2 Catching Up by Similar or Different Technologies

4.2.1 Three Cases of Market Catch-Up by Technological Catch-Up

4.2.2 Empirical Method

4.2.3 Common Patterns in Overtaking in Technologies

4.3 Local vs. Foreign Firms in Their Coevolution with Surrounding Institutions in China

4.3.1 Theoretical Perspectives

4.3.2 Exploring the Hypothesis in the Context of China

4.3.3 Institutions Supporting Out-Performance of Local Firms over Foreign Firms

4.4 Core Firm Leading the Growth of a Region: TSMC in Hsinchu

4.4.1 Innovation Systems of Industrial Districts

4.4.2 Evolution of Hsinchu toward Centralization by a Leading Firm

4.4.3 Doubling Upgrading of the RIS Led by a Core Firm

4.5 Firm-Level Convergence Matching the Macro-Level Convergence: Korean Firms

4.5.1 How to Measure and Analyze the Firm-Level Innovation Systems

4.5.2 The Trend of CTT and Self-Citations and Their Effect on Firm Performance

4.5.3 A Partial Convergence?

4.6 Summary and Concluding Remarks

5 Innovation-Development Detour in South Korea

5.1 Introduction

5.2 A Very Brief History of Korea

5.3 The Myth of the "Korean Model"

5.3.1 Favorable Initial Conditions versus "Taking Care of the Basics First"

5.3.1.1 Solving the Food Shortage via an Agricultural Revolution

5.3.1.2 Building Initial Human Capital: The 1960s and 1970s

5.3.2 Free Markets versus State-led Industrial Policies

5.3.2.1 Financial Control and the Industrial Policy of Credit Allocation

5.3.2.2 Enhancing Export Performance via Protective Tariffs

5.3.3 Institutions versus Capabilities

5.3.4 Openness, Import Substitution, and Export Orientation

5.3.5 In Search of a Korean Model beyond the Myths

5.4 Korea's First Detour: Big Businesses First, SMEs Later

5.4.1 From Technology Imports via Licensing to In-house R&amp

D

5.4.2 The Role of Big Businesses and Business Groups

5.4.3 Large Business Groups as an Entry Device and Umbrella for SMEs

5.5 Korea's Second Detour: From Short- to Long-Cycle Specialization

5.5.1 Theoretical Criteria for Sector-Level Specialization at the Middle-Income Stage

5.5.1.1 Latent Comparative Advantages

5.5.1.2 Product Spaces and Diversification

5.5.2 A Detour from the Short-Cycle to Long-Cycle Technology-based Sectors

5.5.2.1 The Korean Experience: From Short to Long Cycles

5.6 The Korean Model as a Detour to Manage the Global-Local Interfaces

5.7 Summary and Concluding Remarks

6 The Roles of Government in Development Detours

6.1 Introduction

6.2 A Detour in the Role of Government: The Inverted U-Shape or "Less, More, and Less"

6.3 The Role of Government in Global-Local Interfaces

6.3.1 A Slow but Steady Mode of Catch-Up

6.3.2 A Faster Mode of Catching Up

6.3.3 Transitioning from Slow to Fast Catch-Up: The Auto Sector in China

6.3.4 The Key Takeaways

6.4 The Role of Government in the Detour from Big Businesses to SMEs

6.4.1 How to Generate Big Businesses

6.4.2 Transitioning from Big Businesses to SMEs and Startups

6.5 The Role of Government in the Detour from Short- to Long-Cycle Technologies

6.6 Summary and Concluding Remarks

7 Summary and Concluding Remarks

7.1 The Three Themes of the Book

7.2 Korea's Innovation-Development Detours and the Role of Government

7.3 Contributions, Limitations, and the Future

References

Index

Notes:

Title from publisher's bibliographic system (viewed on 15 Feb 2024).

ISBN:

9781009456227

1009456229

9781009456241

1009456245

9781009456234

1009456237

Access Restriction:

Open Access. Unrestricted online access