Building Social Capability for Economic Catch-up: The Experience and Prospects of the Post-socialist Countries

Dyker, David A.; Radošević, Slavo

doi:10.1080/13511610120102592

Cited by 8 publications

(6 citation statements)

References 16 publications

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“…Technical capabilities (TC) are needed by catch-up countries in order to absorb the knowledge and technology developed elsewhere (Archibugi & Filippetti, 2011;Castellacci, 2008), and the scope for catch-up is determined by the scope for technology diffusion from the advanced countries to the catchup countries (Dyker & Radošević, 2001). …”

Section: Theory and Hypothesesmentioning

confidence: 99%

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Cultural Proximity and Local Firms’ catch up with Multinational Enterprises

et al. 2014

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Abramovitz (1986) and Maddison (1979), among others, suggests that a firm or country behind the world innovation frontier can grow faster by imitating technologies already developed in technologically more advanced economies. The larger the technology gap between the firm or country and the world innovation frontier, the faster the catch up. In this sense, CPH is also known as the technology gap hypothesis (TGH) (Hussler, 2004).The traditional catch-up literature is descriptive, focusing on historical analysis of cross-country income convergence (Fagerberg, 1995). Recent literature contains econometric analysis of convergence or catch-up mainly at the macro level (e.g. Archibugi & Filippetti, 2011;Cameron, et al., 2005;Griffith, et al., 2009;Parente & Prescott, 1999), though there are a small number of micro level studies (e.g. Aiello, et al., 2011;Baily, et al., 1992;Bartelsman & Doms, 2000;Disney, et al., 2003;Lee, et al., 2012). Knowledge diffusion and imitation are essential for catch-up, but they are by no means automatic (Fagerberg, 1995). Following Ohkawa and Rosovsky (1973), Abramovitz (1994) adopts the concept of 'social capability' to explain catch-up, and a key element is technology.However, TGH is at its early stage, lacks a sound theoretical foundation for the determinants of social capability.More recent economic literature attempts to apply new growth theory (NGT) to explain convergence or catch-up between countries by emphasizing the role of externalities from not only international trade and foreign direct investment (FDI), but also a country's own technological capability (TC) (Archibugi & Filippetti, 2011;Balasubramanyam, et al., 1996). The business or management literature 3 also emphasizes TC. As argued by Dyker and Radošević (2001), whether the follower can catch-up depends on its ability to assimilate technology and brings its own knowledge stock up. China provides an ideal context for addressing these questions. Since its economic reform and opening up in 1978, Chinese foreign trade has grown by approximately 15% per year, and FDI into China is now more than US$ 80 billion a year (Lau & Bruton, 2008). China has already become a major destination for FDI in the world and a trading nation of global rank (OECD, 2008). There are two

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Section: Theory and Hypothesesmentioning

confidence: 99%

“…The business or management literature 3 also emphasizes TC. As argued by Dyker and Radošević (2001), whether the follower can catch-up depends on its ability to assimilate technology and brings its own knowledge stock up. China provides an ideal context for addressing these questions.…”

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confidence: 99%

Cultural Proximity and Local Firms’ catch up with Multinational Enterprises

et al. 2014

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“…Empirical analysis shows that countries who are interested in being progressive and competitive had well-developed innovation system. This means that there is a strong and significant statistical relationship between GDP per capita at one side, and innovation system on the other side [8]. According to Dyker and Radosevic, there are two possible scenarios for countries in transition.…”

Section: Managing Innovation Potential Under Transitional Conditionsmentioning

confidence: 99%

“…The most acceptable scenario for whole region in transition over the next few decades is that a group of CEE countries is at the level of economic development, which is quite high, but still below the EU average. On the contrary, countries of the former Soviet Union and some Balkan countries continue to lag behind, as they did in the past decade, or, in the best case scenario, these countries could establish the trajectory of technological competition in future period [8]. In transition economies, the emphasis is placed on creating political and economic environment in which organization will develop.…”

Section: Managing Innovation Potential Under Transitional Conditionsmentioning

confidence: 99%

Investigation of Value Innovation Potential Under Transitional Conditions in Serbia

Živkovič

Manasijević

Štrbac

et al. 2015

Management and Production Engineering Review

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Nowadays, business environment is faster than ever in the field of new technologies. The firms are forced to find new ways to compete and survive through innovations. To meet these demands, different tools and techniques are used in order to measure capability of firms to innovate. One of them is the Value Innovation Potential Assessment Tool, which helps to identify appropriate opportunities for firms to use it to assess their effectiveness of innovation work. The main goal of this paper was to investigate the Value Innovation Potential under transitional conditions in some firms in South-Eastern Serbia. The research was done using a questionnaire taken from literature, which was applied to one hundred employees in mentioned Serbian firms. The data were statistically analysed, explained and main conclusions were obtained. Proposed factor model of Value Innovation Potential was tested using confirmatory factor analysis (CFA) on investigated population.

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“…He identifies some specific characteristics which he aggregates under the definition of "social capabilities", as an important factor that strengthens economic growth and decides the convergence or divergence process of any nation. Although these "capabilities" are difficult to measure, these implications influence some reflections of the socalled "New" or "Endogenous" growth theory, as well as recent publications by Dyker and Radošević (2001). According to the main results of Temple and Johnson (1998) who used the so-called "Adelman-Morris Index", the striking finding is a "close relation between social development and per capita income" and that "countries with higher levels of socio-economic development invest more in physical capital and schooling" (Temple and Johnson, 1998, p. 974).…”

Section: Introductionmentioning

confidence: 99%

Tourism as a Driver of Economic Development: The Colombian Experience

Benković

Mejía

2008

SSRN Journal

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Abstract:The current paper analyzes the importance and potentials of the tourism sector for economic development. It is divided into four major parts. After a short introduction, section two presents some theoretical insights into the topic of economic development. Commenting on the most relevant components of the catching-up theory by Abramovitz (1986) and the structural change theory by Baumol (1967)

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Building Social Capability for Economic Catch-up: The Experience and Prospects of the Post-socialist Countries

Cited by 8 publications

References 16 publications

Cultural Proximity and Local Firms’ catch up with Multinational Enterprises

Cultural Proximity and Local Firms’ catch up with Multinational Enterprises

Investigation of Value Innovation Potential Under Transitional Conditions in Serbia

Tourism as a Driver of Economic Development: The Colombian Experience

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