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Schumpeterian Analysis of Economic Catch-up. Knowledge, Path-Creation, and the Middle-Income Trap
Keun Lee
Schumpeterian Analysis of Economic Catch-up. Knowledge, Path-Creation, and the Middle-Income Trap
ean9781107042681
temáticaECONOMÍA
año Publicación2013
idiomaINGLÉS
editorialCAMBRIDGE UP. ESPAÑA
formatoCARTONÉ


42,35 €


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economía
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.
indíce
Foreword John A. Matthews
Preface
Part I. Introduction and Perspectives:
1. Introduction
2. Knowledge as a key factor for economic catch-up
Part II. Empirical Analysis at Three Levels:
3. Knowledge and country-level catch-up
4. Knowledge and sector-level catch-up
5. Knowledge and firm-level catch-up: Korean versus US firms
Part III. Toward a Theory and How to Escape the Trap:
6. Toward a knowledge-based theory of economic catch-up
7. How to build up technological capabilities to enter short-cycle technology sectors
8. Catching-up and leapfrogging in China and India
Part IV. Technological Turning Points and Conclusion:
9. Hypothesizing a theory of technological turning points
10. Summary and concluding remarks
Appendix tables
Notes
Bibliography
Index.
Finançat per UE