This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies OCo Japan, Korea, Taiwan, and Singapore OCo with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development."
The evolution of the information and communications technology (ICT) paradigm is shifting the basis for economic activity from material and labour inputs to knowledge and information inputs, spawning the knowledge-based economy. In East Asia, it is evident that the emergence of the knowledge-based economy is disrupting the flying geese pattern of development and creating a new industrial geography. This book gives a picture of the shifting industrial geography in the region based on accounts of the status of the knowledge-based economy in ten individual East Asian economies. For some economies the increased production of ICT equipment and services is the pathway to the knowledge-based economy and even to leapfrogging ahead of more advanced economies. Other economies are focused on putting in place the physical and institutional infrastructure to connect to electronic networks and avoid the digital divide. For yet others, the emergence of the knowledge-based economy is expanding their role in the region, adding the role of ICT hub.
In this book Gavin Peebles and Peter Wilson offer an historical overview of the rapid growth and development of the Singapore economy, detailing the institutions and policies which have made this growth possible. They examine the current state of the economy and its future in terms of prospective growth and structural change.
This book explores the parallels between the Renaissance during the 14th to 16th centuries and the upheavals in human and physical sciences in the 21st Century that herald an insurgent entrepreneurial renaissance. The first Renaissance, conceived and developed in an urban environment, with the Medici family in Florence as pioneers, was a melting pot of art, culture, science and technology. It is in that context that entrepreneurship derived from artisan tradition and, hence, customized, was born to meet the demands and anticipate the needs of individual consumers. Starting with the mechanical technologies of the first industrial revolution, art, culture and science became separated from entrepreneurship. The latter took on Fordist features which depersonalized and, therefore, standardized the producer-consumer relationship. The emerging model of entrepreneurship returns to its origins in customization (e.g., 3D printing technologies, sharing/on-demand economy) strongly linked to the sequence "art-culture-science-technology." The road to a new entrepreneurial renaissance is traveled by cities with creative communities. These communities actively participate in promoting international talent mobility, encouraging connections among the knowledge nomads who move around the world and the resources and talents rooted locally. Brought back to life under the conditions of the current age, entrepreneurship is once again woven into the fabric of art, culture, science and technology, and contributing to civic identity and pride. Featuring case studies from local experts that highlight innovative initiatives and developments in diverse cities around the world, this book aims to stimulate deep thought, theories and applications in the fields of entrepreneurship and innovation.
After 1991, India after decades of stifling its own economic growth, has reformed its economy and has implemented its Look East policy to enhance its economic, business and trade linkages with East Asian economies. At the same time, Singapore has reached its own domestic limits to economic growth and is encouraging its companies to invest overseas to create its "external economic wing". Collaboration in information technology (IT) formed the key to initiating economic cooperation between Singapore and India. India has excellent IT talent but inadequate infrastructure to tap this talent for economic growth while Singapore has excelled in building high technology parks. The resulting collaboration is Singapore's flagship investment, the IT Park in Bangalore, India.
Industrial clusters in Silicon Valley, Hsinchu Park, and northern Italy, and in the vicinity of Cambridge, U.K., have captured the imagination of policymakers, researchers, city planners and business people. Where clusters take root, they can generate valuable spillovers, promote innovation, and create the critical industrial mass for sustained growth. For cities such as Kitakyushu, Japan, that are faced with the erosion of their traditional industrial base and are threatened by economic decline, creating a cluster that would reverse the downward trends is enormously attractive. Growing Industrial Clusters in Asia offers practical guidance on the nature of clusters and the likely efficacy of measures that could help build a cluster. It draws on the experience of both established dynamic clusters and newly emerging ones that show considerable promise. The insights that result from its anlaysis will be of particular interest to policy makers, urban planners, business people, and researchers.
Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.
A systematic survey of all the countries of East Asia, South-East Asia, Australia, New Zealand and the Pacific Islands. Essential for anyone with a professional interest in the region Keeps up-to-date with current economic and political developments. Part One: General Survey Written by acknowledged authorities on the Pacific Rim, this collection of essays forms an impartial overview of the area as a whole. Topics include: regional security issues, human rights, environmental issues, recent economic trends and USA's relations with the Asia-Pacific region. Country Surveys Individual chapters on each country containing: articles on geography, history and the economy; an economic and demographic survey of the latest available statistics on population, agriculture, industry, finance, trade, transport, tourism, and education; a directory of names, addresses and contact numbers covering the constitution, government, legislature, judiciary, political organizations, diplomatic representation, religion, the media, finance, trade, industry, tourism, defence and education; a select bibliography. Regional Information Includes all major international organizations active in the region, their aims, activities, publications and principal personnel; a detailed survey of major commodities in Asia and the Pacific; a directory of research institutes specializing in the region; select bibliographies of books and periodicals covering the Far East and Australasia; and an index of regional organizations.
What makes certain cities more competitive than others? Why is it that countries often find talent concentrated more so in a few regions than evenly spread across the country? What are the economic drivers that make cities more productive? These are a few of the many questions that this volume aims to answer.
