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Comparing Post War Japanese and Finnish Economies and Societies
This book compares two countries with striking parallels in economic and political outcomes, yet with some distinct features in terms of institutional structures, relative size, and culture. Therefore, this book forms a fruitful platform for the study of the similarities and differences in the economic and societal development of Japan and Finland. Despite their geographic distance from one another and the aforementioned differences, both countries experienced rather similar economic and societal development patterns after the Second World War. The study of these societies both individually and through commonalities will provide a unique perspective on the emergence of modern economies and i...
Innovation and Regional Development in China
Although China is now the ‘factory of the world’, there is no reason to expect that it will always be content with manufacturing labor-intensive goods for foreign corporations. Scholars must now ask: What is the current level of innovation in China? And how can we face this challenge and renovate industrial production and innovation capacities in developed countries? This edited volume investigates the unique characteristics of Chinese innovation and regional development, China’s policy framework, and the role that transnational corporations play in China’s increasing innovation activities. This book contributes to the heated debate regarding pathways for technology progress and regi...
Demystifying the Chinese Miracle
The last three decades has witnessed miraculous economic growth of China. What has accounted for its miracle? What is the nature and future of the Chinese model? Is it unique? This book presents an analytical framework to demystify China's economic growth miracle. The book suggests that interlinked and relational contracts between the agents (in particular, between the state and the business) can compensate for flawed markets to achieve high growth. This kind of relational capitalism is significant in the investment-based stage of development, when mobilization of resources to exploit the existing technologies is key for growth. The book presents a general theory of interlinked relational contract, the workhorse model of the book. The theory highlights that effective governance is a function of market extent and market completeness. The process of economic development and modernization can be looked at fruitfully from two perspectives: the markets and the institutions and their interactions. The book stresses the critical fit between the development stage and the governance for a country's economic transition and development and thus the idea of "appropriate institutions".
Theory and Practice of the Triple Helix Model in Developing Countries
Theory and Practice of Triple Helix Model in Developing Countries contributes to the expanding literature on "triple helix" innovation - focusing on developing countries. The book is based on practical cases and experiences from Africa, Latin America and Asia. Relevant experiences and best practices from developed countries are also examined. The book is presented as a response to the growing awareness about the need for policy shift from the traditional technology transfer practice to a policy position that is capable of providing a sustainable basis for innovation and technological progress in developing countries. The book explores the triple helix system of innovation based on the dynamics of the interactive relationships between government, industry and universities in the creation, dissemination and sharing of knowledge in developing countries. A major point addressed by the book is the extent to which the ‘triple helix’ system of relationships between university, industry and government can enhance the effectiveness of universities in developing countries as agents of innovation, industrialization and sustainable development.
The Empirical and Institutional Dimensions of Smart Specialisation
Smart specialisation is the new policy approach to the development of regional innovation systems across Europe and it involves fostering innovative and entrepreneurial initiatives which are well tailored to the local context. The different technologies, skills profiles, business activities, institutions and sectors which reflect a region’s economic strengths and potential are to be fostered and encouraged to diversify in ways which also exploit the region’s linkages with broader global value-chains. Yet, the ideas contained in the smart specialisation agenda have until now been primarily conceptual in nature. The Empirical and Institutional Dimensions of Smart Specialisation draws toget...
The Global Competitiveness of Regions
The aim of this book is to consider theoretically the notion of the global competitiveness of regions, as well as giving attention as to how such competitiveness may be empirically measured. With this in mind, the book has three specific objectives: first, to place the concept of regional competitiveness within the context of regional economic development theory; second, to present a rationale and method for quantifying the global competitiveness of regions; and, third, to undertake the most geographically widespread analysis of regional competitiveness differences across the globe. With regard to the third goal, the analysis incorporates more than 500 regions across Europe, North and South ...
Handbook of Research on Global Competitive Advantage through Innovation and Entrepreneurship
As businesses seek to compete on a global stage, they must be constantly aware of pressures from all levels: regional, local, and worldwide. The organizations that can best build advantages in diverse environments achieve the greatest success. The Handbook of Research on Global Competitive Advantage through Innovation and Entrepreneurship explores the emergence of new ideas and opportunities in various markets and provides organizational leaders with the tools they need to take full advantage of those opportunities. With a focus on economic growth in a fast-paced environment, this handbook is a critical reference for business leaders, economists, and students of economic theory.
Singapore, the Energy Economy
Singapore might not have survived the 1960s and prospered thereafter had it not built its economy on the foundations of oil refining, trading and support for oil and gas exploration and production. Cheap oil, sound policies and strong government combined to produce the Singapore economic miracle in its first 50 years of self-rule/independence. With the end of cheap oil, how will Singapore fare and what is the relevance of its model of development for other countries? Singapore’s successful launch coincided with a golden period of cheap energy, and a pro-globalization and free trade environment. These three elements are now under threat from rising energy prices and the global financial cri...
Freight Transport and the Modern Economy
Freight Transport and the Modern Economy adapts a well-known textbook by Michel Savy, revising, extending and updating it for British, European and international readers. It deals not only with the technical aspects of transport, logistics and supply chain management, but also the interactions between transport professionals and the public authorities in the modern social, political, economic and environmental context. The transport of freight is presented as a system, mixing empirics and theory, showing how transport itself functions and also its strong influence on the modern economy, with a growing volume of production, turnover and employment. The nature of freight transport, an industri...
Globalization, Outsourcing and Labour Development in ASEAN
This book fills an important gap in the literature looking at the labour market effects of outsourcing from a regional economic perspective. Thangavelu is a respected academic in the field at the National University of Singapore and is well published in journals.
