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Author: Alice H. Amsden Publisher: MIT Press ISBN: 9780262261388 Category : Business & Economics Languages : en Pages : 236
Book Description
A study of how latecomers catch up in high-tech industries and modern services, based on an in-depth analysis of Taiwan's premier enterprises and government policies. In this book Alice Amsden and Wan-wen Chu cover new ground by analyzing the phenomenon of high-end catch-up. They study how leading firms from the most advanced latecomer countries like Taiwan have increased their market share in mature high-tech industries and services. The profits that true innovators in these industries once enjoyed have already declined, but profit rates are still above average. The latecomer firm that succeeds in capturing these rents earns "second-mover" advantage. Amsden and Chu examine the successful second movers in electronics and modern services. The critical factors, they show, are the government policies and large-scale firms that drive skills, speed, and scale. R&D in Taiwan was usually undertaken in conjunction with government labs, which prepared the way for local production of the next hot, mature product. Speed in ramping up at the firm level depended on project execution capabilities and access to capital. Scale proved to be an absolute entry requirement in modern service sectors, and was crucial to win subcontracts from leading foreign firms and to secure key components from world-class suppliers in the electronics industry. The authors challenge current orthodoxy along two lines. First, they argue that government played an important role through interventions that went beyond the market model and overcame the limitations of networking. Interventions possibly promoted mature high-tech even more than mid-tech. Second, the entrepreneurs in Taiwan were nationally owned large-scale firms rather than multinational companies.
Author: Alice H. Amsden Publisher: MIT Press ISBN: 9780262261388 Category : Business & Economics Languages : en Pages : 236
Book Description
A study of how latecomers catch up in high-tech industries and modern services, based on an in-depth analysis of Taiwan's premier enterprises and government policies. In this book Alice Amsden and Wan-wen Chu cover new ground by analyzing the phenomenon of high-end catch-up. They study how leading firms from the most advanced latecomer countries like Taiwan have increased their market share in mature high-tech industries and services. The profits that true innovators in these industries once enjoyed have already declined, but profit rates are still above average. The latecomer firm that succeeds in capturing these rents earns "second-mover" advantage. Amsden and Chu examine the successful second movers in electronics and modern services. The critical factors, they show, are the government policies and large-scale firms that drive skills, speed, and scale. R&D in Taiwan was usually undertaken in conjunction with government labs, which prepared the way for local production of the next hot, mature product. Speed in ramping up at the firm level depended on project execution capabilities and access to capital. Scale proved to be an absolute entry requirement in modern service sectors, and was crucial to win subcontracts from leading foreign firms and to secure key components from world-class suppliers in the electronics industry. The authors challenge current orthodoxy along two lines. First, they argue that government played an important role through interventions that went beyond the market model and overcame the limitations of networking. Interventions possibly promoted mature high-tech even more than mid-tech. Second, the entrepreneurs in Taiwan were nationally owned large-scale firms rather than multinational companies.
Author: Michael L. Commons Publisher: Greenwood ISBN: Category : Psychology Languages : en Pages : 504
Book Description
Examines the nature of late adolescent and adult thought and concludes that there is describable and significant cognitive development during those stages of life which goes beyond Piaget's stage of formal operations.
Author: Herman E. Daly Publisher: Beacon Press ISBN: 0807047066 Category : Business & Economics Languages : en Pages : 265
Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
Author: Jiajun Xu Publisher: Cambridge University Press ISBN: 1107172845 Category : Business & Economics Languages : en Pages : 321
Book Description
This book provides essential background on China's bid for increasing influence over the US hegemonic architecture of international financial institutions.
Author: Costas Lapavitsas Publisher: Routledge ISBN: 1134240694 Category : Business & Economics Languages : en Pages : 240
Book Description
Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98. Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, it covers: Theoretical Framework Results of Globalization Converging and Diverging of Paths of Economic Development Finance and Regionalism. Through the juxtaposition of countries in East Asia and Latin America, leading academics analyze the impact of government intervention, institutional malfunction, social transformation and financial change as well as conflict and power on economic development. This book will prove to be invaluable to students and academics of development economics.
Author: S. Philip Hsu Publisher: Routledge ISBN: 1136852093 Category : Business & Economics Languages : en Pages : 266
Book Description
This book examines the development model that has driven China's economic success and looks at how it differs from the Washington Consensus. China’s Development Model (CDM) is examined with a view to answering a central question: given China’s peculiar matrix of a socialist party-state juxtaposed with economic internationalization and marketization, what are the underlying dynamics and the distinctive features of the economic and political/legal/social dimensions of the CDM, and how do we properly characterize their interrelations? The chapters further analyse to what extent and under what circumstances is China's development model sustainable, and to what degree is it readily applicable to other developing countries. Based on their findings in this volume, the authors conclude that the defining feature of the CDM’s economic dimension is "Janus-faced state-led growth," and the political/legal/social dimension of the CDM is best characterized as "adaptive post-totalitarianism." The contributors illustrate that the CDM’s parameters are shown to be much less sustainable than the CDM’s outcome in developmental performance and the extent to which the CDM can be applied to other late-developers is subject to more qualifications than its sustainability.
Author: Ben Fine Publisher: Pluto Press ISBN: 9780745331669 Category : Political Science Languages : en Pages : 0
Book Description
Moving beyond abstract economic models and superficial descriptions of the market, Beyond the Developmental State analyses the economic, political and ideological interests which underpin current socio-economic processes. Through this approach, the contributors show the close interrelation between states and markets in both national and international contexts. Drawing on a wide range of case studies and themes, the book exposes the theoretical and empirical limitations of the developmental state paradigm, offering alternatives as well as discussing the policy implications and challenges they raise. For scholars, students and practitioners of development, Beyond the Developmental State presents a decisive break with the old dogmas of both neoliberal orthodoxy and theories of "market-imperfection," and outlines theoretically and empirically grounded alternatives.
Author: David Alan Craig Publisher: Routledge ISBN: 1134363761 Category : Business & Economics Languages : en Pages : 353
Book Description
This book is among the first to take the poverty reduction paradigm as its central focus. Offering a comprehensive introduction, overview and critique, it traces the emergence of the framework and illustrates its consequences with global case studies.
Author: Tilmann Habermas Publisher: John Wiley & Sons ISBN: 1118003802 Category : Education Languages : en Pages : 113
Book Description
This volume contextualizes autobiographical reasoning in normative ideas about the life course or life script (Bohn), and in the cultural practice of reading fiction and poems (Mar, Peskin & Fong).
Author: Alice H. Amsden
Author: Alice H. Amsden
Author: Michael L. Commons
Author: Herman E. Daly
Author: Jingjing Ye
Author: Jiajun Xu
Author: Costas Lapavitsas
Author: S. Philip Hsu
Author: Ben Fine
Author: David Alan Craig
Author: Tilmann Habermas