This book provides a theoretical framework to explain the formation and growth of economic agglomerations and industrial clusters from the viewpoint of spatial economics, and goes on to present current examples of clustering and policy in different economies.
This lucid and informative book analyzes the problems of clusters in transition through studies of agglomerations at different stages of development in various East Asian countries. The contributors reconsider industrial cluster policy within a more dynamic and long-term framework, and explore how regional transformations can bring new insights to the theory of agglomeration and innovation. By identifying the factors and policies to promote upgrading, the authors establish the theoretical and policy basis for transforming industrial clusters from production-oriented to innovation-oriented agglomerations. They also study the important structural changes in the region, such as FTAs and the role of the WTO, and the consequent effects on clusters. Researchers and students of Asian economics, industrial clusters and innovation will find this incisive book invaluable. It will also prove to be a compelling read for policymakers in developing countries or international development organizations.
This book proposes measures to promote regional industrial development in East Asia from the perspective of three industries: agriculture, food, and tourism. The authors argue that for regional agriculture to develop, collaboration with the food industry is essential. Further, by linking tourism, economic collaboration between the three industries is strengthened. The first part of the book introduces a basic model for the formation of the agriculture, food, and tourism industry cluster. Contributions from leading academics in agricultural economics then go on to discuss the relevance of this multi-industry cluster in countries such as Japan, the Republic of Korea, and Cambodia, amongst others. The final part sets out new approaches for further development in the cluster through quantitative analyses of the ‘economies of sequence’ concept. Readers will discover that from establishing linkages between different industries and other economic sectors, important positive externalities can be generated and these processes can be triggered on the local or cluster level.
This book focuses on East Asia, which has been attracting FDI and a centre of industrial agglomeration, and because of this, the production structure in the world has been dynamically transforming. This book analyzes this world trend and provides a framework for strategy that is required not only for Japanese local governments to implement industrial cluster policy, but also for firms to survive the global competition.
Increasing numbers of free trade and economic partnership agreements have been concluded among many countries in East Asia, and economic integration has progressed rapidly on both a de facto and de jure basis. However, as the authors of this book argue, integration may intensify regional inequalities in East Asia and so this process has attracted much attention of late. Will it actually succeed in achieving greater economic growth or will it in fact cause growing regional disparity? This book presents a clear picture of East Asian integration, focusing on various aspects including: the structure of intra-regional trade industrial location patterns especially of multinational enterprises the formation of industrial agglomeration the development of political and institutional frameworks for integration. Economic Integration in East Asia addresses these issues from the perspectives of both spatial and neoclassical economics. As the book highlights, if the regional disparities continue to grow, this may constitute a fatal obstacle to deepening integration and the growth potential of East Asia. With its focus firmly on recommendations for the future, this book will be of great interest to academics and researchers of development, Asian studies and economic geography as well as development specialists in government and international organizations involved in East Asian integration.
This book provides a coherent and useful framework to explain the formation of agglomeration and the endogenous innovation process of upgrading industrial clusters to the higher R&D. It contains country studies including; China, India, Japan, Brazil, Thailand, Malaysia, and Singapore.
This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy practices. While the important role of government in promoting private sector development is being recognized, policy discussion often remains general without details as to what exactly to do and how to avoid common pitfalls. This book fills the gap by showing concrete policy contents, procedures, and organizations adopted in high-performing East Asian economies. Natural resources and foreign aid and investment can take a country to a certain income level, but growth stalls when given advantages are exhausted. Economies will be caught in middle income traps if growth impetus is not internally generated. Meanwhile, countries that have soared to high income introduced mindset, policies, and institutions that encouraged, or even forced, accumulation of human capital – skills, technology, and knowledge. How this can be done systematically is the main topic of policy learning. However, government should not randomly adopt what Singapore or Taiwan did in the past. A continued march to prosperity is possible only when policy makers acquire capability to formulate policy suitable for local context after studying a number of international experiences. Developing countries wanting to adopt effective industrial strategies but not knowing where to start will benefit greatly by the ideas and hands-on examples presented by the author. Students of development economics will find a new methodological perspective which can supplement the ongoing industrial policy debate. The book also gives an excellent account of national pride and pragmatism exhibited by officials in East Asia who produced remarkable economic growth, as well as serious effort by an African country to emulate this miracle. The Open Access version of this book, available at http://www.taylorfrancis.com/doi/view/10.4324/9780203085530 has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
This book examines the problem of the innovation divide in the world economy, and convergence in innovation performance between leaders and followers, analysed through the prism of Chinese experiences, and explored from an European Union (EU) perspective. The rationale for research conducted in this book is an observation of a significant change in the geography of world innovation, reflected in the emergence of innovation hubs in developing countries and in the shift of manufacturing activity, including high and medium-high technology industries, to emerging economies, mainly China. The book analyses the factors of Chinese innovation success in recent decades, such as: China’s science, technology and innovation policy, increased R&D expenditures, human capital development and the development of clusters and highly specialized industries. It also focuses on the challenges for developed European economies, which are being at risk of losing their knowledge-related sources of competitive advantage. It also offers recommendations for future policy actions. The book’s analysis goes beyond a cross-country comparison, taking into account a regional perspective. The reason for this regional dimension is the increasingly recognized importance of proximity in stimulating innovation processes, and an observed strong geographical polarization of innovation activity at specific regions seen in the emergence of clusters, particularly visible in China. The monograph will provide an up-to-date reference for academics and students across a variety of disciplines. It will be of particular interest to researchers in the area of innovation and practitioners doing business in China, as well as policymakers at international, national and regional levels involved in designing and implementing innovation policy.
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.
This book analyzes three points: employment conditions for migrant workers, the impact of industrialization as part of industrial clusters upon surrounding and outlying villages, and the labour market in industrial clusters. This book examines the cases of two newly developed industrial clusters: Ludhiana in Punjab and Tiruppur in Tamil Nadu.