[PDF] Emergence Of Innovative Manufacturing Firms Across Asian Countries eBook

Author : Lakhwinder Singh
Publisher :
Page : 38 pages
File Size : 19,49 MB
Release : 2016
Category :
ISBN :

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The recent phase of globalization has witnessed increasing influence of Asian countries in the global economy. This is supported by the rise of Asian firms and their increasing presence in economic activities across the globe through innovations in manufacturing. This paper attempts to trace the rise of Asian firms and their innovation capabilities while examining the theory of the growth of the firm and empirical literature. The comparative analysis of innovations across innovative manufacturing firms of seven Asian countries - Japan, South Korea, Malaysia, Indonesia, Philippines, China and India is based on data collected through Oslo manual approach survey conducted and compiled by UNESCO in 2013. This unique data set covers technological and social innovations which is more comprehensive and expands the scope of the concept of innovations. Important empirical evidence that has emerged from the analysis is that Asian manufacturing firms are having higher level of social innovations than technological innovations. Level of economic development is positively correlated to transition from process to product innovations across firms of both developed and developing countries. The low variations across active innovative firms in product and process innovations imply that technological innovations are stable and rising in Asia. This is supported by high degree of intensity of in-house R&D expenditure. The most important barrier to innovative and non innovative manufacturing firms is the deficiency of internal and external finances except firms of Japan and South Korea. The innovation environmental constraints are more visible across Asian firms where the national innovation system is at nascent phase. The finding based public policy suggestion is that the public policy should accord high priority in investing higher proportion of resources in innovations to relieve the firms from such constraints.

Author : Thomas Clarke
Publisher : Springer
Page : 329 pages
File Size : 28,6 MB
Release : 2017-10-20
Category : Business & Economics
ISBN : 9811058954

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This book promotes the creation of advanced knowledge-based economies driven by innovation networks and the continuous development of human capital and capability. It provides valuable insights into the growing emergence of knowledge-based industries of the Asia Pacific, and highlights research on: modes of creativity and innovation; intellectual property; the components of national innovation systems such as firms, education and training; knowledge and technical infrastructure; and public policy. The Asia Pacific region is currently in the process of transforming from being the manufacturing centre of the global economy to a centre of innovation for the knowledge economy, with the successful IPO of Alibaba in 2014 being a prime example of this shift. From a neo-Schumpeterian perspective, the region is increasingly engaged in shortening and intensifying cycles of innovation. The historic agreement at the Beijing APEC meeting between China and the US to radically reduce carbon emissions indicates that one imperative of this innovation is to contribute to sustainability. The fact that the US Government is moving away from this historic commitment, while the Chinese Government is endorsing the commitment, indicates an emerging opportunity for Asia to lead the world technologically in a vital industrial sector of the future.

Author : Swati Mehta
Publisher : Taylor & Francis
Page : 426 pages
File Size : 29,97 MB
Release : 2022-12-28
Category : Social Science
ISBN : 1000816877

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This book looks at the policy challenges confronting India and other developing countries in creating a robust, sustainable and industrialized economy. It investigates different facets of the nature, structure, growth and impact of innovation in industries, education and within institutions to foster greater productivity and growth. The volume examines systems adopted to boost innovation and diffusion of technology in different economies while also mapping their success and failures. It offers suggestions for the future for long-term growth, sustainability and inclusiveness amidst dynamic, fast-changing technological frontiers using examples and case studies from India, Sri Lanka and Malaysia, among others. The chapters in the book, written to honour the academic work of Professor Lakhwinder Singh in the field of development economics and innovation economics, highlight the importance of adopting and adapting new technologies and development models to local contexts and small industries. An important contribution to research on innovation economics, this interdisciplinary book will be of interest to students, researchers, practitioners and policy-makers working in industrial economics, international economics, political economy, innovation economics, institutional economics, industrial organization and international trade.

Author : Xavier Cirera
Publisher : World Bank Publications
Page : 308 pages
File Size : 48,40 MB
Release : 2021-05-07
Category : Business & Economics
ISBN : 1464816565

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After a half century of transformative economic progress that moved hundreds of millions of people out of poverty, countries in developing East Asia are facing an array of challenges to their future development. Slowed productivity growth, increased fragility of the global trading system, and rapid changes in technology are all threatening export-oriented, labor-intensive manufacturing—the region’s engine of growth. Significant global challenges—such as climate change and the COVID-19 pandemic—are exacerbating economic vulnerability. These developments raise questions about whether the region’s past model of development can continue to deliver rapid growth and poverty reduction. Against this background, The Innovation Imperative in Developing East Asia aims to deepen understanding of the role of innovation in future development. The report examines the state of innovation in the region and analyzes the main constraints that firms and countries face to innovating. It assesses current policies and institutions, and lays out an agenda for action to spur more innovation-led growth. A key finding of the report is that countries’ current innovation policies are not aligned with their capabilities and needs. Policies need to strengthen the capacity of firms to innovate and support technological diffusion rather than just invention. Policy makers also need to eliminate policy biases against innovation in services, a sector that is growing in economic importance. Moreover, countries need to strengthen key complementary factors for innovation, including firms’ managerial quality, workers’ skills, and finance for innovation. Countries in developing East Asia would also do well to deepen their tradition of international openness, which could foster openness in other parts of the world. Doing so would help sustain the flows of ideas, trade, investment, and people that facilitate the creation and diffusion of knowledge for innovation.

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 737 pages
File Size : 19,86 MB
Release : 2020-04-01
Category : Business & Economics
ISBN : 9292621564

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After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.

Author : Dieter Ernst
Publisher :
Page : 48 pages
File Size : 15,22 MB
Release : 2006
Category : Business & Economics
ISBN : 9780866382052

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Across Asia there is a keen interest in the potential advantages of America's market-led system of voluntary standards and its contribution to US innovation leadership in complex technologies. For its proponents, the US tradition of bottom-up, decentralized, informal, market-led standardization is a "best practice" model for innovation policy. Observers in Asia are, however, concerned about possible drawbacks of a standards system largely driven by the private sector. This study reviews the historical roots of the American system, examines its defining characteristics, and highlights its strengths and weaknesses. A tradition of decentralized local self-government has given voice to diverse stakeholders in innovation. However, a lack of effective coordination of multiple stakeholder strategies constrains effective and open standardization processes. Asian countries seeking to improve their standards systems should study the strengths and weaknesses of the American system. Attempts to replicate the US standards system will face clear limitations--persistent differences in Asia's economic institutions, levels of development, and growth models are bound to limit convergence to a US-style market-led voluntary standards system.

Author : Oyebanji Oyelaran-Oyeyinka
Publisher : Edward Elgar Publishing
Page : 253 pages
File Size : 29,75 MB
Release : 2009-01-01
Category : Business & Economics
ISBN : 1848446144

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Why have East Asian countries grown so fast and the African countries so slowly for the last quarter century, even though many in the two groups at the beginning of the period had similar income levels? The authors provide an original, thoughtful and extremely insightful approach to this question by considering the experience of the two groups of countries in relation to the development of the information hardware industry. The results of this investigation are fascinating and thoroughly convincing. This volume makes a brilliant path breaking contribution to development economics and thoroughly deserves to be and will be widely read. Ajit Singh, University of Cambridge and University of Birmingham Business School, UK This book represents an important step forward towards understanding why some countries and regions are successful in catching-up with the rich part of the world while others tend to have great difficulties in doing so. It represents a very happy marriage between the literature on economic development and the literature on innovation and learning. At the end of the book a series of thoughtful recommendations for innovation policy are presented. This volume should be recommended to students and practitioners involved in understanding and promoting economic development. Bengt-Åke Lundvall, Aalborg University, Denmark and Tsinghua University, Beijing, China In recent years there has been a revolution in studies of economic development. The heart of successful development is seen as the growing mastery by firms of the technological, organizational, and managerial capabilities needed to be effective in a field of economic activity. In turn learning by firms is seen as strongly dependent upon the institutional structures that mold how they operate. And effective institutions are seen as often sectoral specific. The achievement of successful development thus requires that a nation put in place the appropriate institutions. This fine book is an important addition to this literature. Richard R. Nelson, Columbia University, US The authors demonstrate a good understanding of the theoretical scholarship which they have used competently in building up the intellectual foundations for analyzing the sources of uneven paths of development cross countries in Africa and Asia. Drawing on country data and experiences, the book offers evidence-based policy lessons relevant for learning to innovate and to catch-up in a complex process of industrial, technological and organizational changes at the firm- and sectoral-levels. This book deserves to be read by all those concerned with technology and development. Kande Yumkella, UNIDO This book focuses on what can be learned from the complex processes of industrial, technological and organizational change in the sectoral system of information hardware (IH). The IH innovation system is deliberately chosen to illustrate how sectors act as seeds of economic progress. Detailed firm-level studies were carried out in seven countries, three in Africa (Nigeria, Mauritius and South Africa) and four in Asia (China, Taiwan, Malaysia and Indonesia). Bringing together two important areas of research (the scholarship on technology, innovation and learning, and the development literature) this book creates a useful and novel framework for understanding development, and draws very strong policy lessons for latecomer countries. It will be of great interest to graduate students working on evolutionary economics, science and technology policy studies, as well as policymakers and research institutes.

Author : Hitoshi Hirakawa
Publisher : Springer
Page : 250 pages
File Size : 21,11 MB
Release : 2016-11-21
Category : Business & Economics
ISBN : 4431556303

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This book aims to shed light on the potentially innovative ICT (information and communication technology) architectures from an East Asian regional perspective. The business environment brought about by the development of ICT intensified global competition and caused dramatic changes in the industrial architecture. Firms that are involved in manufacturing and maintenance of ICT hardware and that offer services for software development are continuously being created, giving rise to the provision of new and diverse services to an increasingly growing East Asian regional market. Such industrial activities are advancing the shift from an old to a new industrial architecture. Some parts of emerging economies have grasped this edge on economic globalization and informatization and have adopted business models that enable them to enter the world economy. Entering this century, China, the Philippines, and Vietnam in East Asia have been rapidly expanding their ICT-BPO (Business Process Outsourcing) businesses as destinations of offshoring of service activities by firms in the advanced economies, following India’s example. Policy makers and firms in those countries are also meeting the challenge of catching up with advanced economies through the development of such industries. It has enabled those economies to exploit new possibilities of further development, which may mean a new stage of manufacturing cum services in an ICT- and knowledge-based economy.

Author : Fredrik Sjöholm
Publisher :
Page : 0 pages
File Size : 32,49 MB
Release : 2010
Category :
ISBN :

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Science & Technology (S&T) is high on the Chinese policy agenda and the country aims at becoming an innovation-driven economy. Small firms have been important in technology development in other East Asian countries but the situation in Chinese small firms has been far less explored. We examine how much S&T has been accounted for by small firms and how their S&T intensity differs across industries and ownership groups. We also analyse how various firm characteristics differ over size categories and S&T status. This study is based on newly processed micro-level data provided by the National Bureau of Statistics with information on a large number of S&T indicators for manufacturing firms in China in 2000 and 2004. Our results suggest that the role of small firms in Chinese S&T is similar to that in many other countries. They account for a comparably small share of total S&T and most small firms are not engaged in any S&T. However, those small firms that do engage in S&T tend to be more S&T intensive and have a higher output in terms of patents than larger Chinese S&T firms.

Author : Akifumi Kuchiki
Publisher : Edward Elgar Publishing
Page : 319 pages
File Size : 18,33 MB
Release : 2011-01-01
Category : Business & Economics
ISBN : 0857935135

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This lucid and informative book analyzes the problems of clusters in transition through studies of agglomerations at different stages of development in various East Asian countries. The contributors reconsider industrial cluster policy within a more dynamic and long-term framework, and explore how regional transformations can bring new insights to the theory of agglomeration and innovation. By identifying the factors and policies to promote upgrading, the authors establish the theoretical and policy basis for transforming industrial clusters from production-oriented to innovation-oriented agglomerations. They also study the important structural changes in the region, such as FTAs and the role of the WTO, and the consequent effects on clusters. Researchers and students of Asian economics, industrial clusters and innovation will find this incisive book invaluable. It will also prove to be a compelling read for policymakers in developing countries or international development organizations.