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Books > Business & Economics > Economics > Development economics
Why has the United States established a new technology transfer regime, and how does it actually perform? Lee and his contributors see it as a set of new game rules in which government, industry, and the academic community are allowed--authorized, in fact--to interact and collaborate toward the goal of successful technological innovation. Their book--thus far unique in its field--reports on the empirical research that examines how various independent components of the system interact and collaborate. In doing so the authors provide data and information on which policy assumptions are valid and which aren't, which rules are helpful and which are hindrances, and how the various players in this game assess its future. The result is an important contribution to the literature that explores the interface of business, government, and society--essential reading not only for academics, but also for corporate management concerned with business strategy and policy. Lee and the contributors point out that as technologies grow in complexity, companies often target their internal resources on core competencies and utilize outside sources for supporting knowledge or technology. As universities step into the marketplace, trying to make money through aggressive commercialization of their intellectual property, they face conflict of interest problems within their walls, as well as complex and often unfathomable intellectual property negotiations with the corporations with whom they deal. Their third major point is that with declining R&D budgets but increasingly tough competition, American faculty members are troubled by the collision of two powerful but not necessarily complementary motives: the need for external funding for research and the need to preserve academic freedom and intellectual autonomy. How these issues and problems are dealt with is carefully and readably explored in this volume, which will contribute significantly to the ongoing debate.
This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENA's electricity-sector reforms, taking into consideration the region's unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model. Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors.
This unique work treats economic growth and development in terms of a theory which is applicable to an economy in the post-industrial, developing, and emerging stages. The author uses the theory to analyze and study the growth of an economy through these three stages of development within the framework of the business cycle in disequilibrium. This work has taken on special importance in light of the changing world situation, including the changes in the former Soviet Union, the peace process in the Middle East, and renewed concern for developing and emerging countries.
The rapid development of Asian countries has met with mixed reactions among economists. Most economists understand that a genuine development is underway; but, since the process has been a complex one, each has been able to apply favorite explanations to the situation. In Eastern Asia, regional interdependence has been important to developing countries. This work discusses the interaction between the regional economies through trade and foreign direct investment, relating interaction to economic growth and development.
As the rural township, village and private enterprises are becoming more significant in the Chinese economy, this text focuses on the comparison of the rural (non-state) and state firms in terms of performance. The analysis is based on the empirical results from estimating various production functions applied to cross-section and panel data. Both aggregate and firm-specific efficiencies are examined in the case studies, exploring potential sources of efficiency differentials such as ownership, scale, factor intensity, location and economic reforms. Special attention is also paid to the regional comparison of industrial development and performance. The implications of the findings in the book for economic and reform policy are thus highlighted.
This book discusses the use, economic importance and impact of Information and Communication Technologies (ICT) in public and private Sudanese universities. The author provides an in-depth analysis of the economic impact of ICT from the demand perspective as well as from the public-private perspective. This book also examines the status, pattern, structure, trend and determinants of the demand for ICT in public and private Sudanese universities. It investigates the economic impacts of the uses of ICT, the potential opportunities and challenges that ICT is expected to create for public and private Sudanese universities, and explains the role of ICT in facilitating the production, creation and transfer of knowledge in Sudanese universities.
This volume fills a gap in the literature by analyzing basic issues in development economics as they affect a particular type of Third World nation - small island economies. Using practical examples from the Caribbean Basin and the South Pacific, the authors examine in depth structural and employment issues, demographic and socioeconomic issues, and environmental and natural resource issues. Their aim throughout is to identify and assess the particular and unique development problems faced by small island economies so that effective policies can be derived that will more accurately reflect socioeconomic realities in these areas. Following an introductory overview, the authors discuss the role of staple exports in the economic well being of small island economies as well as issues relating to manufacturing and service sector activities and the structural and employment impacts of tourism. In Part Two, they turn to an exploration of demographic and socioeconomic issues including the effects of urbanization on the development process, the implications of migration from and between small island nations, the brain drain problem, and the relationship between criminal activity and development. Part Three shifts the focus from people-oriented issues to concerns related to agriculture and resource utilization. Separate chapters address agriculture in the developmental mix, the use of fisheries, forest resources, minerals, and conservation issues. The final section looks at the international considerations raised by the study and outlines the policy implications of the authors' findings. Students of development economics, international trade, and finance will find this an invaluable contribution to the greater understanding of the specific development problems faced by small island economies.
In this book, the focus in on how developing economies in Southeast Asia ride on the wave of globalization that brings about benefits and economic growth with expanding trade and investment linkages. The central concept used in this study is production networks and industrial clusters. With examples from Indonesia and Malaysia (electronics industry), Singapore (biomedical science industry), and Thailand (automotive industry), the book explains how the production networks and industrial clusters have played crucial roles in their industrial development.
The study presents archival evidence to show how President Kaunda raised political and economic exclusivity in Zambia in the early years of Zambia's independence, and how this retarded capital investment. Despite formal reforms and a new government, this institutional mechanism still dominates and constrains Zambia's political economy today.
The disintegration of the former Soviet Union, the end of the cold war and the trend of economic developmental "miracles" in disparate regions of the globe have brought a vast transformation to the political, economic, and security configurations of the world. Gone is the bipolar world of superpower rivalry, replaced by new international patterns and trends. Nowhere is the transformation more striking than in East and Southeast Asia, the region which includes China, Japan, the "four tigers" of Hong Kong, South Korea, Singapore, and Taiwan, and the emerging powers of Southeast Asia. The regional transformation in turn has extended beyond the region itself, profoundly affecting global politics and international relations. "Asia's New World Order" traces the overall political, economic, and security developments of the region. The contributors look beyond the customary fixation on great powers to examine developments in the lesser powers, and to search for unforeseen policy implications and directions for the United States.
One result of the Asian economic crisis has been to shatter the belief that Asian ways of management are superior to Western ways. Now, just to survive, Asian firms have come to rethink their entire way of managing, and in his latest book, Richter, assisted by his contributing authors, gives a sharply focused analysis of how they are doing it. Emerging questions are how do Asian firms adjust to the new economic realities? and How do they develop their management style? There are plenty of new opportunities in Asia to play the new game, but they must be grasped and productively channeled. Richter and his contributors conclude that in the end, the Asian economic crisis, or catharsis, may well be a blessing in disguise. It provides an opportunity to completely review the way things stand in Asia. Like entrepreneurs who built the Asian economies, today's firms have the opportunity to lead a revival if they can redirect their businesses. This is an important resource for professionals in all multinational organizations and for academics and their upper-level students of international business.
Providing a comprehensive introduction to the literature and approaches used in the field, this illustrious Handbook explores and interrogates the link between security and development at a global level whilst offering a broad survey of current thinking.With a mixture of approaches and methodologies, each chapter is written by an acknowledged expert and includes international contributions spanning six continents. The topics covered range from the politics of aid by remote control through to intervention and the post-conflict re-establishment of security and demobilization of combatants. This essential book will engage academics involved in research surrounding security and development, along with practitioners who are interested in the philosophy of their actions and their practical implications. Members of organizations such as policy institutes and NGOs will also find this to be a valuable read. Contributors: P. Albrecht, L.R. Andersen, B. Baker, D. Beswick, L. Cooley, L. Denney, T. Donais, M. Duffield, R. Freedman, H. Hudson, P. Jackson, H.M. Kyed, N. Lemay-Hebert, H. Marquette, N. Mlambo, L.W. Moe, R. Muggah, S.M. Murshed, A. OEzerdem, A. Schnabel, M. Sedra, F. Stepputat, G.S. Wagle, N. Wilen, C. Wilkinson, S.A. Zyck
Trends in green and sustainable development have and will continue to influence all major economies. Identifying the risks and opportunities associated with sustainable economic development and green analysis for sustainability warrants the use and study of advanced analytics. Advanced Analytics for Green and Sustainable Economic Development: Supply Chain Models and Financial Technologies focuses on the development of innovative techniques and tools that answer urgent questions in the global trend of sustainable economic development. This book will be useful to professionals, researchers, and policymakers working in various disciplines including business and economy, science and engineering, social sciences, government policy, and legal studies. Chapters in this work also provide a valuable resource for business managers concerned with the development of green business and application of low carbon practices.
The book provides a detailed analysis of the nature and determinants of finance and trade and their relationship with Africa's competitiveness. Investment is examined in its various forms (financial vs. physical), and sources (private, public, domestic and FDI), as well as its relation to the size of domestic markets and export potential. The dimensions of trade related to financial development, trade costs, development of value chains and regional integration are also studied. The capacity of finance and investment to boost Africa's competitiveness is assessed to inform continent-wide economic policy.
This book gathers inputs from a variety of researchers in the field of sustainable development in the widest sense across the UK, from business and economics, to arts and fashion, administration, environment and media studies. The book also describes research, curriculum innovation, and campus greening in a comprehensive way. Many universities in the United Kingdom are currently engaged in high-quality research on matters related to sustainable development. Yet there are relatively few publications that provide a multidisciplinary overview of these efforts and projects, and in which researchers from across the spectrum of the natural and social sciences have the opportunity to present their research methods, the results of their empirical research, or exchange ideas about on-going and future research initiatives focusing on sustainable development. Addressing this important gap in the literature, this book contributes to the further development of this rapidly growing field in the United Kingdom and beyond.
Similar to large cities, rural towns have undergone dramatic change since mid-century. The decline in retailing, changes in manufacturing, and jobs moving abroad have had a tremendous impact. Yet while rural and industrial areas have similar concerns about adjusting to a changing economy, successful urban strategies cannot be blindly transferred to rural areas. Nor can rural areas be considered homogeneous. They differ in ethnic makeup, industrial structure, topography, and natural and human resources. Appreciating the diversity of rural areas, this book presents case studies from different industries, regions, and cultures, providing examples of the activity in small town and rural development, and reflecting on how these strategies might be pursued elsewhere. This collection provides examples of communities that have attempted to affect their future. Telling the stories of small towns that do not attract the attention of national media, this book celebrates the success, creativity, and vision of rural residents. Also included are examples of less effective rural development initiatives, which can be lessons to analyze and avoid mistakes. Ultimately, what is best in small town and rural development is the result of community engagement. This volume will help people to begin, or strengthen, that process of engagement.
In the early 1990s, Singapore, the Malaysian state of Johor, and the Riau Islands in Indonesia sought to leverage their proximity, differing factor endowments, and good logistics connections to market themselves as an integrated unit. Beyond national-level support in all three countries, the initiative had the support of state and provincial leaders in Johor and Riau, respectively. Now, however, the situation is markedly different. The Malaysian government and its Johorean equivalent have invested considerable resources in encouraging closer integration with Singapore. For its part, the Indonesian central government has been promoting special economic zones and export-oriented activities. However, the provincial government of the Riau Islands has turned away from export-oriented industrialization, preferring instead to promote cultural sub-nationalism and traditional economic activities such as fishing and small-scale farming. This development is counter-intuitive. Traditional fiscal federalism theory argues that decentralization encourages competition between provinces for investment, jobs, and growth. While Indonesia has undergone one of the world's most far-reaching decentralization reforms, Malaysia has pursued a consistent centralization campaign at the expense of state governments. Thus, we would expect the Riau Islands entrepreneurial drive to be unleashed, and Johor's to be smothered. However, Johor's drive for capital is undiminished, while the Riau Islands pursuit of investment has dissipated. This monograph will explore the reasons for this paradox.
The book is one of the first to focus on responsible leadership in the contemporary Asian century context. It adopts a unique context driven social innovation based responsible leadership approach to explain how context can impact and shape the theory and practice of responsible leadership. This unique work will strongly appeal to a broad spectrum of researchers and scholars across disciplines with a particular interest in the interplay between leadership, responsibility and ethics. As Asia's influence on the global economy continues to grow in the Asian Century, this book offers a culturally integrated view of how the shift in economic power to Asia and the rising new global economic order can influence the theory and practice of responsible leadership. The book focuses particularly on the Asian century opportunities and challenges as a strong contextual factor that shapes the 'responsibility' of responsible leadership. The scholarly literature on the topic, the case studies developed through interviews and secondary data, and author's corporate experiences in the Asia-Pacific region in leading organisations are key sources for the book's assertions. It fills an important gap in the literature on how Asian cultural factors might influence the predominantly Western developed responsible leadership theory and practice. This book covers key topics including the moral basis for responsibility, theory and practice of responsible leadership, Asian challenges to responsible leadership, and socially innovative responsible leadership. "Fernando's book provides a fresh and novel perspective on how evolutionary changes in economic power between Asia and the rest of the world undoubtedly will affect the practice of responsible leadership. He examines varying views on responsible leadership across cultures, demonstrating how Asian and Western leadership styles have evolved as our economy continues to become more globally integrated." Prof. Laura Pincus Hartman Director, Susilo Institute for Ethics in the Global Economy Boston University, Questrom School of Business, Boston, USA "There is little doubt that this is the Asian Century and that economic and political influences from the east will increase. But so too may cultural, ethical and even religious influences. It is therefore important that researchers understand these significant changes. In this book Mario Fernando gives us an insight into what this means for responsible leadership. It is primarily an excellent work of scholarship, written for academics who teach and research in this area by someone who knows Asian business and culture from the inside. But it will also reward careful study by practicing leaders and those who are the potential leaders of the future." Professor of Business Ethics, Geoff Moore Durham Business School Durham University, UK
Although economic growth is amongst the oldest of debates in Economics, there has been little advancement in growth theory since the classic works of Solow. As such, clear-cut answers to the context-specific determinants of growth, especially for developing countries, are rare. Bridging the Gap Between Growth Theory and Policy in Asia: An Extension of the Solow Growth Model adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics, including the theoretical underpinnings of growth models, and some of the important challenges in empirical studies on economic growth. This simpler manual will be highly useful for applied economists, policy makers, and graduate students.
This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. It focuses on the key economic issues facing these countries, including the challenge of promoting economic growth, limiting public deficits and debt, and fostering international trade relations. Given the severe impact of the recent economic crisis on social welfare in the region, it also investigates the nature and extent of social exclusion, a factor likely to produce future political instabilities if not effectively addressed by a return to sustainable economic growth. The contributions explore these issues in light of the major influence of EU policy instruments and advice, which are currently guiding the economies along an accession trajectory to future EU membership.
This fascinating book considers one of the most important problems in economics: the inception of modern economic development. There is at present no satisfactory explanation of the inception of modern economic development; an excessive focus on either pure theory or on unique histories limits the explanatory power. This book realises the need to integrate the two approaches, moving beyond the proximate causes of economic theory to review the role in an analytic narrative of significant ultimate causes - geography, risk environments, human capital, and institutions. Colin White distils the conclusions of a vast literature, drawing from economics, economic history and business and management, exploring economic theory, demonstrating limitations and highlighting alternative approaches. Particular attention is paid to the appropriate role of innovative entrepreneurs and of government, and three case studies illustrate how to build an analytic narrative. Showing how far we can generalise about the determinants of economic development and in particular how to understand the specific determinants in individual countries, this book will prove a stimulating and thought provoking read to academics, students and researchers with an interest in economics and economic development.
The author examines the rise of the BRICs and the supposed decline of the United States. Focusing on the boom years from 1992 to 2007, and the crisis years after 2008, he argues that there are limits to the rise of the former and that the extent of US decline has been greatly exaggerated. |
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