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Sources of Innovation in Developing Economies : Reflections on the Asian Experience
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- Authors
- Issue Date
- 2013-07
- Citation
- Seoul Journal of Economics, Vol.26 No.3, pp. 283-309
- Keywords
- Innovation ; Catch-up ; Developing countries ; Korea ; Taiwan ; India
- Abstract
- This article is concerned with the remarkable development of technological and economic capabilities by Korean and Taiwanese firms,
particularly in electronics, and Indian firms in software and a few other fields. While the cases differ in many aspects, they all involve active learning, in some cases through reverse engineering, requiring
a considerable amount to technical and economic sophistication. Allof them also involved selling on sophisticated markets which provided both feedback and pressure to learn rapidly and well. The cases teach us a lot about the mechanisms involved in successful technological and economic catch up.
- ISSN
- 1225-0279
- Language
- English
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