2015
DOI: 10.2139/ssrn.2778489
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(ASEAN Integration: Changing Patterns of Trade and Direct Investment within Southeast Asia and Its Implications)

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“…Recently, Southeast Asian transition economies have drawn much attraction as a production base, as well as a consumer market because they have a young and large scale population and increasing purchasing power. Moreover, with the establishment of the ASEAN (Association of Southeast Asian Nations) Economic Community (ACE) in 2015, the ASEAN region is expected to be the second largest economy in the world by 2050 ( [14] and [15] (p. 2)). Despite the increasing growth of Southeast Asian emerging markets, there are few studies on the role of innovation in firm growth or productivity in Southeast Asian emerging markets [16,17].…”
Section: Introductionmentioning
confidence: 99%
“…Recently, Southeast Asian transition economies have drawn much attraction as a production base, as well as a consumer market because they have a young and large scale population and increasing purchasing power. Moreover, with the establishment of the ASEAN (Association of Southeast Asian Nations) Economic Community (ACE) in 2015, the ASEAN region is expected to be the second largest economy in the world by 2050 ( [14] and [15] (p. 2)). Despite the increasing growth of Southeast Asian emerging markets, there are few studies on the role of innovation in firm growth or productivity in Southeast Asian emerging markets [16,17].…”
Section: Introductionmentioning
confidence: 99%