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This book examines the spectacularly successful economies of East Asia, Japan and South Korea. The comparison of the 'catching-up' process in Japan and South Korea includes studies of the iron and steel and semi-conductor industries. The author shows the difficulties involved in trying to detect general patterns of development, as both countries appear to respond to different technological imperatives. As a result general models of development should be treated with caution, given the need to consider different historical and institutional contexts.
This book examines the spectacularly successful economies of East Asia, Japan and South Korea. The comparison of the 'catching-up' process in Japan and South Ko
The most important issue for development centres on the debate about the centrality of knowledge, technology and innovation to the process of economic developme
Drawing on the example of late-developing countries, especially from East Asia, catching up with established powers, the authors address a new formulation of in
Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influ
Ever since Schumpeter’s groundbreaking work there has been a plethora of new research seeking to extend the direction and dynamics of innovation. Using a rich