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Learning and Innovation in Economic Development (Hardcover)
Loot Price: R3,296
Discovery Miles 32 960
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Learning and Innovation in Economic Development (Hardcover)
Series: New Horizons in the Economics of Innovation series
Expected to ship within 12 - 17 working days
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In this carefully chosen selection of essays, Linsu Kim - one of
Korea's foremost social scientists, who is advising the Korean
government on reform strategy in light of the recent crisis -
identifies the evolutionary processes and patterns of learning,
capability building, and innovation in catch-up countries. He
suggests that catch-up economies display different patterns of
learning and innovation to more advanced countries. Using the
example of Korea, he examines industries such as consumer
electronics, machinery, pharmaceuticals, automobiles and
semiconductors, all of which have been important contributors to
Korea's economic growth and development. Linsu Kim analyses both
the formal and informal mechanisms Korea has used in acquiring
technologies from, mainly, advanced countries. He considers how
these technologies are assimilated rapidly into the local economy,
and in some cases improved to increase Korea's international
competitiveness. This examination and extension of the theory of
learning and innovation has many useful implications for both
catch-up economies and also advanced countries. It offers
analytical frameworks which policymakers and managers can use in
formulating and evaluating public policies and corporate
strategies. Learning and Innovation in Economic Development will be
of interest to a wide audience including those working in the
fields of technology management, innovation studies and development
economics.
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