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Books > Business & Economics > Business & management > Business strategy
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Innovation in Developing Countries - Lessons from Vietnam and Laos (Hardcover, 1st ed. 2019)
Loot Price: R2,873
Discovery Miles 28 730
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Innovation in Developing Countries - Lessons from Vietnam and Laos (Hardcover, 1st ed. 2019)
Series: Kobe University Monograph Series in Social Science Research
Expected to ship within 10 - 15 working days
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The main focus of this book is innovation for developing countries:
what is the innovation for, what are the current conditions of the
innovation, and how to effectively innovate in developing
economies. It contains the latest insights and analyses of
innovation based on intensive interviews as well as primary and
secondary data of manufacturing firms in developing countries,
Vietnam and Laos in particular. Innovation requires something new.
Integration of deep understanding of innovation and econometric
analyses are a "new combination" in this book, which contrasts with
other, similar books in the field. This new approach may benefit
policy makers as well as scholars and firms in poor countries. The
main points of the book are summarized as follows: First, for most
poor countries "learning innovation" is considered the key to
economic growth rather than "leading-edge innovation", which is a
more popular theme in similar books on innovation. Second, an
overwhelming majority of innovations currently used in poor
countries are developed in advanced countries, so technology
transfer and learning from the latter are a fundamental source of
innovation in the former. Third, a surprisingly high rate of firms
(around 50%) reported that they introduced new or significantly
improved products or processes in poor countries, and this high
innovation rate is a great benefit to be enhanced by government
policies. Fourth, the common factors driving innovation of
manufacturing firms in Vietnam and Laos are (1) human capital, (2)
social capital, and (3) innovation in the past. Fifth, the impact
of innovation on firm performance is found to be mixed in these
countries. Sixth, so far almost all studies on innovation have
focused on product or process innovation, but additional light is
shed here on organizational innovation.
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