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Mismanaging Innovation Systems
Once recognised as a high-performing newly industrialising Asian economy with the potential for economic and developmental success similar to South Korea, Taiwan, Hong Kong and Singapore, Thailand’s growth rate and competitive edge have declined substantially. With slower adoption and movement towards the knowledge-intensive industries, the loss of the competitive edge is a cause of growing concern among Thai policymakers, with Thailand succumbing to the middle-income trap. This book analyses Thailand’s declining competitiveness in the past 50 years, considering both the national and sectoral roles and capabilities of key players, including the government, universities and research institutes, as well as the electronics, food, and automotive industries. Including comparative analyses with other Asian nations, this book is a must-read for both students and practitioners with interests in development economics, industrial economics and public policy.
Southeast Asia beyond Crises and Traps
This book examines five countries in South East Asia that are instructive case studies of how the region has had to negotiate pathways of development beyond crises and traps. At two ends of just one decade, 1997–2007, Indonesia, Malaysia, the Philippines, Thailand and Vietnam all had to weather the shocks of an East Asian financial crisis and a global financial crisis. Some economies might have buckled completely under those shocks and been condemned to long-term stagnation. Yet these five economies, part of the larger Asian region, emerged with continued if slower economic growth. An important theme of this book is that their resilience has been partly derived from the pursuit of growth a...
Schumpeterian Analysis of Economic Catch-up
One of the puzzles about why some countries have stronger economic growth than others revolves around the so-called 'middle-income trap', the situation in which a country that has grown strongly gets stuck at a certain level. In this book, Keun Lee explores the reasons why examples of successful catching-up are limited and in particular, why the Asian economies, including China, have managed to move, or are moving, beyond middle-income status but economic growth has stalled in some Latin American countries. This is one of the first studies to demonstrate using patent analysis that the secret lies in innovative systems at the firm, sector and country levels which promote investment in what the author calls 'short-cycle' technologies and thereby create a new path different from that of forerunning countries. With its comprehensive policy framework for development as well as useful quantitative methods, this is essential reading for academic researchers and practitioners.
National Innovation, Indicators and Policy
This book takes stock of what is known about the process of innovation and its effects, and the policy interventions that influence both. It provides insights into future research required to support evidence-based policy-making and makes clear the need to take a systems approach to the analysis of innovation, its outcomes and its impacts. The contributors explore the fact that economic theory, statistical measurement and the need to achieve targets are combining to shift policy focus towards the economic and social impacts of innovation. This is forcing economists and statisticians to look for new measures, indicators, and analytical frameworks to support the public policy debate and the im...
Production Networks in Southeast Asia
This book answers the recently topical questions of how China’s processed trade affects the trade of Southeast Asia. What is Southeast Asia’s role in Factory Asia, the region’s complex of cross-border supply chains? What is Southeast Asia’s involvement in building or joining production networks in the region? And, most important, how can Southeast Asia increase the value added of its products and improve its competitiveness? This book provides rigorous analysis of how trade policy affects value added, highly disaggregated at the firm and product level, of the six Southeast Asian countries – Indonesia, Malaysia, the Philippines, Singapore and Viet Nam – and combines this with thorough examinations of their trade, industrial and labour policies.
Emerging States at Crossroads
This book is open access under a CC BY-NC-ND license. This volume analyzes the economic, social, and political challenges that emerging states confront today. Notwithstanding the growing importance of the ‘emerging states’ in global affairs and governance, many problems requiring immediate solutions have emerged at home largely as a consequence of the rapid economic development and associated sociopolitical changes. The middle-income trap is a major economic challenge faced by emerging states. This volume regards interest coordination for technological upgrading as crucial to avoid the trap and examines how various emerging states are grappling with this challenge by fostering public-pri...
Singapore Perspectives 2010
Section I. Home, heart, horizon. Welcome remarks / Ong Keng Yong. Keynote address / Lee Hsien Loong -- Section II. One united people. ch. 1. One united people / Pek Siok Lian. ch. 2. The third phase of Singapore's multiculturalism / Daniel P.S. Goh. ch. 3. Why NEWater instead of SEWater : difficult policies and unity for Singaporeans / Leong Ching. ch. 4. Reasonable persons of goodwill : personal experiences in navigating diversity / Aaron Maniam -- Section III. One gracious society. ch. 5. One gracious society / Paulin Tay Straughan. ch. 6. In search of graciousness / Terence Chong. ch. 7. Living graciously in Singapore / Braema Mathiaparanam. ch. 8. Kiasu monkeys and chicken pies / Gan Su-lin -- Section IV. One global city. ch. 9. One global city / Annie Koh. ch. 10. Beyond economics for economic success / Lee Kwok Cheong. ch. 11. The future of Singapore as a global city and its socio-economic implications / Nizam Idris. Globalising Singapore : One global city, global production networks, and the developmental state / Henry Wai-chung Yeung -- Section V. Conclusion. ch. 13. Closing address : Be open to all possibilities / Ong Keng Yong. ch. 14. Closing remarks / Tommy Koh
Asian Industrial Clusters, Global Competitiveness and New Policy Initiatives
Provides a comprehensive overview of what Asian industrial clusters might teach us. Based on empirical surveys and interviews conducted in China, Vietnam, Thailand, Malaysia and Japan, this title collects studies that were first debated at an international workshop in Lyon.
Production Networks and Industrial Clusters
Explains how production networks and industrial clusters have played crucial roles in the industrial development of Indonesia and Malaysia (electronics industry), Singapore (biomedical science industry), and Thailand (automotive industry).
