Innovation and Catching-Up

Betting on indigenous innovation or relying on FDI: The Chinese strategy for catching-up

“…In our analysis, the definition of 'catch up' adopts [9] understanding as the ability of a single country to narrow the gap in productivity and income vis-à-vis leading countries. To narrow the average income gap vis-à-vis developed countries, the new growth theory 4 emphasizes the role of science & technology, human capital and FDI in economic growth [37,38,26] whereas the NIS theory rather stresses the importance of innovations for economies to catch up.…”

The Sustainable Competitive Advantage and Catching-up of Nations: FDI, Clusters and the Liability (Asset) of Smallness

“…Kottaridi et al (2008) provide an empirical test of the role agglomeration plays in attracting FDi, in the context of UK regions; the results are in line with the idea that agglomeration and the location of R&D labs by subsidiaries are positively correlated. 6 For a relatively recent comprehensive discussion on catching-up, see Fagerberg and Godinho (2005) and Fagerberg and srholec (2005). the authors deal with most levels of analysis, but not the very micro (strategic management) one, as they themselves acknowledge.…”

“…at the broadest possible level, a superior ability to create and, especially, capture value in international markets is tantamount to superior economic performance by a particular nation. the mix of market/hierarchy/cooperation, private-public-hybrid, institutional, micro and macroeconomic policy, and the effectiveness and innovativeness of institutions, organisations and policies, will tend, in their interaction, help the "leaders" and "laggards", in this game, see abramovitz (1986) and, for a critical survey, Fagerberg and Godinho (2005). it is not possible to go into further detail on exact policies here.…”

“…Detected advantages and positioning should be reviewed regularly to ensure consistency with evolving circumstances/stages of development. For example, in order to attract high knowledge intensive FDi, it may be useful to discourage some FDi, which may require rendering such FDi expensive to firms, through for example a high-wage policy -pursued for example by Singapore, Pitelis, (1994Pitelis, ( ), lall (2000, Fagerberg and Godinho (2005). in addition, care should be taken to achieve a coincidence between what (selected) MNes require in their quest to optimize locational advantages (see Buckley and Ghauri 2004), and what the country finds consistent with its advantages/positioning strategy.…”

Community-based shared values as a ‘Heart-ware’ driver for integrated watershed management: Japan-Malaysia policy learning perspective

“…The term "latecomer" here is not only reserved for the more conventional notion of a country striving to catch-up in economic growth and industrial development (Fagerberg and Godinho 2005) but also in sustainable development i.e. the convergence between economic growth, social welfare and environmental protection.…”