Crisis and Innovation in Asian Technology

Crisis and Innovation in Asian Technology PDF Author: William Walton Keller
Publisher: Cambridge University Press
ISBN: 9780521524094
Category : Political Science
Languages : en
Pages : 268

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Book Description
In mid-May 1997, a financial crisis erupted in Asia after an attack by private investors on the baht, the Thai currency. The crisis spread quickly across the region, where investor confidence plummeted, resulting in massive capital outflows, stock market collapses, high unemployment, and even insurrection. The Asian economic miracle that had stimulated so much awe and even dread, now invoked pity and apprehension in greater measure. The contributors to this volume investigated change in the innovation and production systems of Asian states in response to economic and political upheaval. They conducted empirical studies of several regional industries - autos, semiconductors, and hard disk drives - and seven different national economies: China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. In the face of crisis and global competition, the Asian states superimposed change at the margins, seeking unique technohybrid solutions to build capabilities to compete in local, regional, and even global markets.

Crisis and Innovation in Asian Technology

Crisis and Innovation in Asian Technology PDF Author: William Walton Keller
Publisher: Cambridge University Press
ISBN: 9780521524094
Category : Political Science
Languages : en
Pages : 268

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Book Description
In mid-May 1997, a financial crisis erupted in Asia after an attack by private investors on the baht, the Thai currency. The crisis spread quickly across the region, where investor confidence plummeted, resulting in massive capital outflows, stock market collapses, high unemployment, and even insurrection. The Asian economic miracle that had stimulated so much awe and even dread, now invoked pity and apprehension in greater measure. The contributors to this volume investigated change in the innovation and production systems of Asian states in response to economic and political upheaval. They conducted empirical studies of several regional industries - autos, semiconductors, and hard disk drives - and seven different national economies: China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. In the face of crisis and global competition, the Asian states superimposed change at the margins, seeking unique technohybrid solutions to build capabilities to compete in local, regional, and even global markets.

Innovation and Crisis in Asia

Innovation and Crisis in Asia PDF Author: William Walton Keller
Publisher:
ISBN:
Category :
Languages : en
Pages : 23

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Book Description


Inspire to Innovate

Inspire to Innovate PDF Author: Arnoud De Meyer
Publisher: Springer
ISBN: 0230512062
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
Significant changes are taking place in Asia which suggest that innovation will be the major engine of future economic growth in the region, particularly in China and India. This book draws upon substantial research and interaction with senior managers in Asia and argues that effective innovation in Asia will require specific ways of managing innovation that will be different from existing models and approaches

The Changing Face of Innovation

The Changing Face of Innovation PDF Author: Seeram Ramakrishna
Publisher: World Scientific
ISBN: 9814291587
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
This book provides a brief overview of the recent trends in innovations. Early inventions/innovations that began in Asia (i.e., compass, paper, gunpowder and printing) spread to the Atlantic (Europe and USA) by land and sea routes. However, with population growth, economic expansion, availability of skilled researchers and lower cost of research in Asia Pacific, there has been a shift in innovation activities in this region. There has been a discernable trend of innovation (R&D) in countries like Japan, Korea, China, India and Singapore. This book attempts to create awareness of this trend and hopes to motivate business leaders and policy makers to take advantage of this shifting trend, as well as to encourage more global collaboration in innovations to face societal challenges in the 21st century.

Asian Development Outlook 2020

Asian Development Outlook 2020 PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292621564
Category : Business & Economics
Languages : en
Pages : 737

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Book Description
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.

Asia-Europe Industrial Connectivity in Times of Crisis

Asia-Europe Industrial Connectivity in Times of Crisis PDF Author: Lucía Morales
Publisher: John Wiley & Sons
ISBN: 1786308622
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
The main objective of this book is to offer an overview and a critical assessment of current connectivity issues in Asia and Europe, seen from an industrial perspective. Critical insights into the contemporary debate on connectivity during times of crisis, which has led to significant economic and social disruptions, are offered throughout the book. European and Asian countries seek to “bounce forward” and not “bounce back” as they navigate the complex economic recovery process. Innovation and investment emerge as critical players to help an economic recovery that shifts towards a more resilient and environmentally friendly approach, to ensure that the world economies stay connected. The global health crisis has revealed that, more than ever before, ubiquitous connectivity, underpinned by pioneering innovation, is a must. As such, governments worldwide need to ensure that businesses and societies emerge stronger and more resilient from existing and emerging crises by laying solid foundations that help to circumnavigate future disruptions of a global magnitude.

Can East Asia Compete?

Can East Asia Compete? PDF Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 0821349988
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
East Asian economies of the 1980s and 1990s were among the most competitive exporters of manufactured products and sustained far higher growth rates than other countries, developing or industrial. Although recovery from the effects of the 1997-98 economic crisis began fairly quickly in some countries, others have yet to regain their growth momentum. Future competitiveness will depend on innovative capability in manufacturing and services, grounded in stronger institutions, improved macroeconomic policies, and closer regional coordination.

Industrial Policy, Innovation and Economic Growth

Industrial Policy, Innovation and Economic Growth PDF Author: Poh Kam Wong
Publisher: NUS Press
ISBN:
Category : Business enterprises
Languages : en
Pages : 700

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Book Description
This text provides an analysis of the development experience of the five most advanced countries in East Asia: Japan, Taiwan, Korea, Singapore and Hong Kong. It reviews of the role of the state in industrial development in each of the countries, in general, as well as in selected industries.

The Innovation Imperative for Developing East Asia

The Innovation Imperative for Developing East Asia PDF Author: Xavier Cirera
Publisher: World Bank Publications
ISBN: 1464816565
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
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.

Innovative East Asia

Innovative East Asia PDF Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 9780821353561
Category : Business & Economics
Languages : en
Pages : 430

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Book Description
The importance of East Asia in the global economy is now unquestionable, and its market expansion, driven by a population of nearly 1.9 billion, will strongly influence the tempo of international trade and growth of global incomes, However, while the region's economies have amply demonstrated their potential, their future performance is by no means ensured. This book offers an in-depth analysis of the policy trade-offs identified in the recently published Can East Asia Compete? (WB and OUP, 2002). The major contribution of the new book to that it shows how stability can be a stepping-stone to growth that is led by innovation; identifies and analyzes the ingredients of an innovative economy, and discusses how these ingredients mesh with government policy and market initiatives.